Calculate the missing information for the purchase. Sales Tax Rate Item Book Selling Price (in $) Need Help? Read It 8 $ Sales Tax (in $) Excise Tax Rate 0 Excise Tax 0 Total Purchase Price $20.52

Q: Question 13 A customer returns $690 worth of merchandise and receives a full refund. What accounts…

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A: Sales tax is the amount of indirect tax which is imposed on the goods and services sold and given by…

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Q: 1. School supplies. Selling price $4.60. Sales tax rate 3.0%. What is the sales tax?

A: Sales tax = Selling price of school supplies * Sales tax rate

Q: Please compute the sales tax and the credit card expense for this purchase. $80 sale with a 5% sales…

A: Calculation of sales ta and credit card expenses are as follows.

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Q: Calculate the missing values and express your answers rounded to two decimal places a. b. Cost $0.00…

A: Mark up refers to the amount added to the costs. The formula is Selling Price = Cost + Mark up

Q: taller? $1.200 $2.500 $50 $1,250 1,250 worth of merchandise, terms 4/15, n/30. If the customer pays…

A: $1,200 A customer pays on credit for $1,250 worth of merchandise, terms 4/15, n/30. If the customer…

Q: Calculate the missing information for the purchase. Item Book 69 $ Selling Price (in $) Sales Tax…

A: This is a question related to a purchase transaction that involves an item, which in this case is a…

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Q: 9. You purchase a $149.88 camera, a case for $21.88, a wide-angle lens for $127.88, and a zoom lens…

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Q: Clothing. Selling price $28.15. Sales tax rate 4.5%. What is the sales tax?

A: Sales tax = (Selling price /(1+ sales tax rate)) * sales tax rate

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A: The sale price includes the marked price and the sales tax. Sale price = Marked price + Sales tax

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A: The journal entries are prepared to keep the record of day to day transactions of the business.