Question
Prince Co. is a retail store operating in a state with a 7% retail sales tax. The retailer may keep 2% of the sales tax
Prince Co. is a retail store operating in a state with a 7% retail sales tax. The retailer may keep 2% of the sales tax collected. Prince Co. records the sales tax in the Sales Revenue account. The amount recorded in the Sales Revenue account during May was $251,450.The amount of sales taxes payable (to the nearest dollar) to the state for the month of May is
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Security And Loss Prevention An Introduction
Authors: Philip Purpura CPP Florence Darlington Technical College
7th Edition
0128117958, 9780128117958
