Merchandise is sold on account for $90, and the sale is subject to a retail sales tax of $5.40. The amount that should be added to Accounts Receivable would be

Name: Merchandise is sold on account for $90, and the sale is subject to a retail sales tax of $5.40. The amount that should be added to Accounts Receivable would be
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

The total amount to be added to Accounts Receivable includes both the sale amount and the sales tax, which is $90 + $5.40 = $95.40.

Merchandise Is Sold on Account for $90, and the Sale