In the month of July, a convenience store had total sales of $118,000 from its gas pumps and other in-store products. If HST is 17% ofsales, how much HST was collected on the in-store products if these sales represent 31% of total sales? (Round your answer to 2decimal places.)HST collected on in-store products

The HST stands for the Harmonized Sales Tax. The HST is a type of HST that is charged in some…

Answered: In the month of July, a convenience…

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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Sales at Joslin's Shoe Mart totaled $2,505 in August. The shoes cost $1,030. During the month, the owner paid $871 in rent, supplies, insurance, and utilities. The $614 left over is the owner's...........
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