Montana Company sold merchandise with a retail price of $30,000 for cash. Montana Company is required to collect 4% state sales tax. The total cash received from customers was: Select one: A. $1200. B. $28,800. C. $30,000. D. $31,200.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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In need of help:) thank you so much!
Montana Company sold merchandise with a retail price of $30,000 for cash. Montana Company is required to
collect 4% state sales tax. The total cash received from customers was:
Select one:
A. $1200.
B. $28,800.
C. $30,000.
D. $31,200.
hp
Transcribed Image Text:Montana Company sold merchandise with a retail price of $30,000 for cash. Montana Company is required to collect 4% state sales tax. The total cash received from customers was: Select one: A. $1200. B. $28,800. C. $30,000. D. $31,200. hp
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