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! Required information Exercise 9 - 4 A ( Algo ) Recognizing sales tax payable LO 9 - 2 [ The following information applies to
Required information
Exercise A Algo Recognizing sales tax payable LO
The following information applies to the questions displayed below.
The following selected transactions apply to Topeca Supply for November and December Year November was the first month of operations. Sales tax is collected at the time of sale but is not paid to the state sales tax agency until the following month.
Cash sales for November Year were $ plus sales tax of percent.
Topeca Supply paid the November sales tax to the state agency on December Year
Cash sales for December Year were $ plus sales tax of percent.
Exercise A Algo Part c
c What was the total amount of sales tax collected in Year
Sales tax collected
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