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i need the answer asap please .... 6) sales revenue for a sporting goods store amounted to 539,000 far the current account and are subject
i need the answer asap please ....
6) sales revenue for a sporting goods store amounted to 539,000 far the current account and are subject to a sales tax af 11%. which of the follawing would be entry to record the sales transitions? a) a debit to sales revenue for $539,000 b) a debit to sales tax payable for $59,290 c) a debit to account receivable for $598,290 d) a credit to accounts receivable for $539,000 7) If bonds with a face value of $208,000 are issued at 97 the amaunt of cash proceeds i a. $207,903 b. $20B,000 c. $201,760 d. $195,520 8) The principal amount of a bond is $65,000 its stated rate is 7% and the term of the bonds is five years. The band pays interest semi-annually. At the time of issue, the market rate is 8%. Determine the percent value of the bands at a. $65,000 b. $44,265 c. $18,453 d. $62,393 9) The face value is $81,000, the stated rate is 10% and the term af band is eight years. The bond pays interest semi-annually. At the time of issue, the market rate is 8%, what is the present value of the band at the market rate? a. $90,445 b. $47,191 c. $43,141 d. $83,754Step by Step Solution
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