Acme Enterprise sold $150 of merchandise to a customer for cash.The sales tax was 7%.How much cash did Inside Acme receive?
A) $10.50
B) $160.50
C) $150.00
D) $139.50
Correct Answer:
Verified
Q17: A company reports its unsold merchandise inventory
Q18: The operating cycle for a merchandising firm
Q19: A purchase requisition is a document that
Q20: Which of the following is inventory for
Q21: Nadir Company sold $2,000 of merchandise to
Q23: On December 12,Occident,Ltd.,a company in Singapore,ordered merchandise
Q24: Which statement below best explains the credit
Q25: On November 27,Acme,Inc.ordered merchandise from Zenith Company.Zenith
Q26: Nadir Company sold $2,000 of merchandise to
Q27: On May 27,Ace Electronics ordered merchandise from
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