Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 25, 2024

National Company has total proceeds from sales of $9,030. If the proceeds include sales taxes of 5%, the amount to be credited to Sales is:

image text in transcribed

National Company has total proceeds from sales of $9,030. If the proceeds include sales taxes of 5%, the amount to be credited to Sales is: O a. $8,000 b. $8,578.5 O c. $9,000 O d. $8,600

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quality Audits For Improved Performance

Authors: Dennis R. Arter

3rd Edition

0873895703, 978-0873895705

More Books

Students also viewed these Accounting questions

Question

★★★★★

(a) Prove that L is linear if and only if it satisfies (7-3). (b) Use induction to prove that L satisfies (7.4).

Answered: 1 week ago

Question

★★★★★

Is globalization an opportunity or threat? Briefl y discuss the opportunities and threats of globalization for an organization that seeks to operate within it.

Answered: 1 week ago

Question

★★★★★

12.17 Armspan and Height Leonardo daVinci (1452-1519) drew a sketch of a man, indicating that a person's armspan (measuring across the back with your arms outstretched to make a "t") is roughly equal...

Answered: 1 week ago

Question

★★★★★

A food processor uses approximately 27,000 glass jars a month for its fruit juice product. Because of storage limitations, a lot size of 4,000 jars has been used. Monthly holding cost is 18 cents per...

Answered: 1 week ago

Question

★★★★★

Lower of Cost or Market Method On the basis of the data shown below: Determine the value of the inventory at the lower-of-cost-or-market

Answered: 1 week ago

Question

★★★★★

Output Total Cost 0 15 25 33 40 Q UA W N 48 58 70 Table 8.5 Refer to Table 8.5. The average variable cost of producing five units of output is: ... . O A. $11.60 O B. $0 O C. $10 O D. $8.60

Answered: 1 week ago

Question

★★★★★

Calculated and so for the following set of paired data. Calculate each paired difference by subtracting the values in Group A from the corresponding values in Group B. Round your answer to three...

Answered: 1 week ago

Question

★★★★★

On average, the number of days it takes for a caterpillar to become a butterfly is 18 days with a standard deviation of 2.5 days. Fill in the values for the normal curve for the time to sell out....

Answered: 1 week ago

Question

★★★★★

Exercise 1 Jam llc unexpectedly executed a share buy-back. Before the buy-back the number of outstanding shares was 11,123,000, the market price of one share was $2.04 and the return on levered...

Answered: 1 week ago

Question

★★★★★

1. Suppose the random variable X represents the failure or not of Edward's speaker woofer while listening to reggae on Friday. Assume there is probability 0.8 that Edward blows up his woofer (woofer...

Answered: 1 week ago

Question

★★★★★

Please use the following topology to complete the following tasks. INTERFACE IP ADDRESS SO/0 7172.16.1.2/26 Loopback 10 10.10.10.3/25 R1 S0/0 (DCE). 172.16.1.1/26 R3 Loopback20 10.20.20.3/28...

Answered: 1 week ago

Question

★★★★★

=+1. Is it OK for a firm to profit from poverty?

Answered: 1 week ago

Question

★★★★★

=+ Would you support a move to label the quantities of GM ingredients in all food products?

Answered: 1 week ago

Question

★★★★★

=+3. Look at the videos that take you inside the Meatrix (http://www.themeatrix.com/). Do they change your views of the agribusiness model that produces the vast majority of our food supplies? If so,...

Answered: 1 week ago

Previous Question Next Question