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AutoSave O off MidTerm Practice ExamAK2020Update - Protected View - P Search Lesauski, Justin U File Home Insert Page Layout Formulas Data Review View Help Finess Data A Share P Comments O PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing fr No B12 c D E F G H K M R 1 To correctly complete the tasks on this worksheet, do NOT use raw numbers or values in formulas. 2 3 1. Enter a function in the first yellow cell to determine the amount of Sales Tax. 4 2. Copy the formula down the Sales Tax column to calculate Sales Tax, if any, for the other transactions. 5 3. Use the subtotal outline view to total the sales tax for exempt and non exempt transactions 7 8 5% <-- Sales Tax Rate Yes Таx Exempt Not Tax Exempt 9 0% <--Exempt Rate No 10 11 ransaction Tax Exempt (Yes/No) Price Sales Tax Total Due $ 52.60 $ 2.63 $ 55.23 $ 24.00 $ 1.20 $ 25.20 12 2 No 13 4 No 14 No Total $ 3.83 $ 19.95 $ $ 19.95 $ 231.88 15 Yes 16 3 Yes $231.88 $ 17 Yes Total 18 Grand Total $ 3.83 19 20 21 22 23 24 25

AutoSave O off MidTerm Practice ExamAK2020Update - Protected View - P Search Lesauski, Justin U File Home Insert Page Layout Formulas Data Review View Help Finess Data A Share P Comments O PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing fr No B12 c D E F G H K M R 1 To correctly complete the tasks on this worksheet, do NOT use raw numbers or values in formulas. 2 3 1. Enter a function in the first yellow cell to determine the amount of Sales Tax. 4 2. Copy the formula down the Sales Tax column to calculate Sales Tax, if any, for the other transactions. 5 3. Use the subtotal outline view to total the sales tax for exempt and non exempt transactions 7 8 5% <-- Sales Tax Rate Yes Таx Exempt Not Tax Exempt 9 0% <--Exempt Rate No 10 11 ransaction Tax Exempt (Yes/No) Price Sales Tax Total Due $ 52.60 $ 2.63 $ 55.23 $ 24.00 $ 1.20 $ 25.20 12 2 No 13 4 No 14 No Total $ 3.83 $ 19.95 $ $ 19.95 $ 231.88 15 Yes 16 3 Yes $231.88 $ 17 Yes Total 18 Grand Total $ 3.83 19 20 21 22 23 24 25

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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AutoSave MidTerm Practice ExamAK2020Update - Protected View - P Search ff Lesauski, Justin File Home Insert Page Layout Formulas Data Review View Help Finess Data A Share P Comments PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing B12 fx No A В D E F H K M N R U 1 To correctly complete the tasks on this worksheet, do NOT use raw numbers or values in formulas. 3 1. Enter a function in the first yellow cell to determine the amount of Sales Tax. 4 2. Copy the formula down the Sales Tax column to calculate Sales Tax, if any, for the other transactions. 5 3. Use the subtotal outline view to total the sales tax for exempt and non exempt transactions 7 8 5% <-- Sales Tax Rate Yes Tax Exempt 9 0% <--Exempt Rate No Not Tax Exempt 10 11 ransaction Tax Exempt (Yes/No) Price Sales Tax Total Due $ 52.60 $ 24.00 2.63 $ 55.23 $ 1.20 $ 25.20 $ 3.83 12 2 No $ 13 4 No 14 No Total $ 19.95 $231.88 15 1 Yes $ $ 19.95 16 3 Yes $ $ 231.88 17 Yes Total $ 18 Grand Total $ 3.83 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Chart Review Sub Total Cell Referencing Percentage Change Tax Calculator Basic Functions_format Add-ins loaded successfully 囲 100%
Transcribed Image Text:AutoSave MidTerm Practice ExamAK2020Update - Protected View - P Search ff Lesauski, Justin File Home Insert Page Layout Formulas Data Review View Help Finess Data A Share P Comments PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing B12 fx No A В D E F H K M N R U 1 To correctly complete the tasks on this worksheet, do NOT use raw numbers or values in formulas. 3 1. Enter a function in the first yellow cell to determine the amount of Sales Tax. 4 2. Copy the formula down the Sales Tax column to calculate Sales Tax, if any, for the other transactions. 5 3. Use the subtotal outline view to total the sales tax for exempt and non exempt transactions 7 8 5% <-- Sales Tax Rate Yes Tax Exempt 9 0% <--Exempt Rate No Not Tax Exempt 10 11 ransaction Tax Exempt (Yes/No) Price Sales Tax Total Due $ 52.60 $ 24.00 2.63 $ 55.23 $ 1.20 $ 25.20 $ 3.83 12 2 No $ 13 4 No 14 No Total $ 19.95 $231.88 15 1 Yes $ $ 19.95 16 3 Yes $ $ 231.88 17 Yes Total $ 18 Grand Total $ 3.83 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Chart Review Sub Total Cell Referencing Percentage Change Tax Calculator Basic Functions_format Add-ins loaded successfully 囲 100%
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