Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Venus Corp. sold goods, with a selling price of $10,021, for cash. The state sales tax rate is 9%. What amount is credited to the
Venus Corp. sold goods, with a selling price of
$10,021,
for cash. The state sales tax rate is
9%.
What amount is credited to the Sales Revenue account? (Round calculations to the nearest dollar.)
A.
$9,119
B.
$902
C.
$10,021
D.
$10,923
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