Archie's had sales of $6,758. The state sales tax rate is 7%. All sales are cash. What amount will be debited to Cash?

Name: Archie's had sales of $6,758. The state sales tax rate is 7%. All sales are cash. What amount will be debited to Cash?
Brand: Quizplus
Rating: 4.8 (44 reviews)

Question

Quizplus · Accepted Answer

To find the total amount debited to Cash, you need to calculate the total including sales tax. The sales tax is 7% of $6,758, which is $473.06. Adding this to the original sales gives $6,758 + $473.06 = $7,231.06.

Archie's Had Sales of $6,758