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- A customer purchases $28.14 in products only $12.83 is taxable. How much sales tax is owed if the tax rate is 10%.Elegant Electronics sells a cellular phone on September 2 for $374. On September 6, Elegant sells another cellular phone for $368. Sales tax is computed at 2.9% of the total sale. What is the sales tax remitted rounded to the nearest penny, two decimals?A customer purchases $28.14 in prodcts only $12.83 is taxable. How much sales tax is owed if the tax rate is 10%?
- There is a sales tax of 24 on an item that costs 276 before tax. A second item costs $218.50 before tax. What is the sales tax on the second item?No Plagiarism Please! 21. Complete the following transactions and explain how they would appear in your register. You opened your bank account on April 16 with a tax refund check of $145.00. You pay SellUPhone $65.34 on April 18. (Check 794) You deposit your paycheck on April 23, ($9.76/hour for 35 hours) You buy $61.32 (4% sales tax not included) in clothes from BargainsRUs on April 24 using your debit card. Be sure to include in your response: the steps you followed to complete your computations the balance as of April 24 the process for entering the transaction in the registry Could someone also please check my answer for another question to. 22. You place $4,000.00 in a bank account with an interest rate of 5.25% APR and another $2,000.00 in an account with an interest rate of 6.00% APR. a. How much interest will be earned for each account on the original principal in 6 months? b. What is the difference in the amount of interest earned? c. Which account has your money working…Rincoe Company does not ring up sales taxes separately on the cash register. Total receipts for October amounted to $390,527. If the sales tax rate is 5%, what amount must be remitted to the state for October's sales taxes? Round your answer to 2 decimal places.
- Coronado Co. is a retail store operating in a state with a 7% retail sales tax. The retailer may keep 2% of the sales tax collected. Coronado Co. records the sales tax in the Sales Revenue account. The amount recorded in the Sales Revenue account during May was $ 744720.The amount of sales taxes (to the nearest dollar) for May is $ 48720. $ 67263. $ 61656. $ 52131.5. At J&J Department Store, Sam Dodson purchases a cassette tape player for $88.98 and three tapes for $4.98 each. The sales tax rate is 4.5%. What is the sales tax on Sam's purchases? eold chain fo $42.50, and a 6.Darlene Jaworski purchases an $84.00 caloulator book for sale $13.80. The Sales tax?Posner Co. is a retail store operating in a state with a 7% retail sales tax. The retailer may keep 2% of the sales tax collected. Posner Co records the sales tax in the Sales Revenue account. The amount recorded in the Sales Revenue account during May was $251,450 What is the amount of sales taxes (round to nearest dollar) for May? What is the amount of sales taxes payable (round to nearest dollar) to the state for the month of May?
- Posner Co. is a retail store operating in a state with a 7% retail sales tax. The retailer may keep 2% of the sales tax collected. Posner Co. records the sales tax in the Sales Revenue account. The amount recorded in the Sales Revenue account during May was $754,350. The amount of sales taxes (to the nearest dollar) for May is: O $62,286. O $49,350. O $67,893. O $52,806.Carlton Company does not ring up sales taxes separately on the cash register. Total receipts for February amounted to $126,000. If the sales tax rate is 5%, what amount must be remitted to the state for February's sales taxes?Entity E does not account for sales taxes separately when making sales. The sales tax rate is 8.5%. If the total amount collected was $21,700 how much was the sales tax? Round to the nearest dollar if necessary. $1,700. $20,000. $21,700. $1,845.