Layton Company does not ring up sales taxes separately on the cash register. Total receipts for October amounted to $29,400. If the sales tax rate is 5%, what amount must be remitted to the state for October's sales taxes?
A) $1,400
B) $1,470
C) $70
D) It cannot be determined.

Question

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The Answer of Layton Company does not ring up sales taxes separately on the cash register. Total receipts for October amounted to $29,400. If the sales tax rate is 5%, what amount must be remitted to the state for October's sales taxes?
A) $1,400
B) $1,470
C) $70
D) It cannot be determined.

Layton Company Does Not Ring Up Sales Taxes Separately on the Cash