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Problem -77 Excise Taves ) Clinton Power provides electricity to a wide area of western Kentucky. During October 2019 i bited 18.700 of its residential

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Problem -77 Excise Taves ) Clinton Power provides electricity to a wide area of western Kentucky. During October 2019 i bited 18.700 of its residential customers cated in the town of Heyworth a total of $2,540,000 for electricity (this is considered eve n tion is required to collect the following taxes State Excise : A tax of $3.00 per customer plus 2 of billing used to find the ent r y i n Federal Excise A tax of $0.50 per customer plus of bigsed to find the Federal Energy Commis Required: Frequired, round your answers to the nearest cent. 1. Denne into the customers for the month of October 2012 Prepare the entry to record the of these amounts an amount box does not mean entry 3. Prepare the entry to record the collection of these an (Record collection of receivable) 4. Prepare the entry to record the payment of the state excise taxes to the appropriate governmental unit Check My Work more Check My Worke aning (res ort Save and be submit Ansignment for Grading G H I J K Calculator located in the town of Heyworth a total of $2.540,000 for electricity (this is considered revenue). In addition Clinton is require Collect the following taxes: State Excise Tax: A tax of $3.00 per customer plus 2 of billing used to find the Kentucky Energy Commission D. Federal Excise Tax: A tax of $0.50 per customer plus 0.1% of being used to find the Federal Energy Commission Required: If required, round your answers to the nearest ont 1. Determine how much Clinton will be these customers in total for the month of October 2019 2. are the try to record thing of the amount amount box does not entry wave 3. Prepare the entry to record the collection of these amounts 4. Prepare the entry to record the payment of the states appropriate government 2 Check my worker Check My Works remaining Previous Next > ructor and Submit Airment for Grading Problem -77 Excise Taves ) Clinton Power provides electricity to a wide area of western Kentucky. During October 2019 i bited 18.700 of its residential customers cated in the town of Heyworth a total of $2,540,000 for electricity (this is considered eve n tion is required to collect the following taxes State Excise : A tax of $3.00 per customer plus 2 of billing used to find the ent r y i n Federal Excise A tax of $0.50 per customer plus of bigsed to find the Federal Energy Commis Required: Frequired, round your answers to the nearest cent. 1. Denne into the customers for the month of October 2012 Prepare the entry to record the of these amounts an amount box does not mean entry 3. Prepare the entry to record the collection of these an (Record collection of receivable) 4. Prepare the entry to record the payment of the state excise taxes to the appropriate governmental unit Check My Work more Check My Worke aning (res ort Save and be submit Ansignment for Grading G H I J K Calculator located in the town of Heyworth a total of $2.540,000 for electricity (this is considered revenue). In addition Clinton is require Collect the following taxes: State Excise Tax: A tax of $3.00 per customer plus 2 of billing used to find the Kentucky Energy Commission D. Federal Excise Tax: A tax of $0.50 per customer plus 0.1% of being used to find the Federal Energy Commission Required: If required, round your answers to the nearest ont 1. Determine how much Clinton will be these customers in total for the month of October 2019 2. are the try to record thing of the amount amount box does not entry wave 3. Prepare the entry to record the collection of these amounts 4. Prepare the entry to record the payment of the states appropriate government 2 Check my worker Check My Works remaining Previous Next > ructor and Submit Airment for Grading

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