Franco Company credits its Sales account for the sales price and the sales tax collected on sales.If the sales tax rate is 9% and the balance in the Sales account amounted to €279,000, what is the amount of the sales taxes owed to the taxing authority (rounded to the nearest €) ?
A) €31,000.
B) €25,596.
C) €25,110.
D) €23,037.
Correct Answer:
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