Gem Corp. had sales of $3,500. The state sales tax rate is 8.2%. Sales are for cash. What amount will be debited to the Cash account?
A) $3,500
B) $3,787
C) $287
D) $350
Correct Answer:
Verified
Q25: On July 1, 2013, Ferrero Inc. purchased
Q27: On August 31, 2013, Peter Services received
Q28: The journal entry for accrued interest on
Q29: Ben Inc. recently signed a $350,000, six-month
Q31: Victoria Sales made total cash sales in
Q32: On December 31, 2014, Ferrero Inc. borrowed
Q33: On April 10, 2013, Peter Services received
Q35: Applied Foods had cash sales of $598,000
Q50: At the maturity of a note payable,a
Q71: Gross pay is the total amount of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents