Barron Company sold goods for $883,500 on account.The company operates in a state that imposes a 9% sales tax.What is the amount of the sales tax payable to the state?
A) $79,515
B) $39,758
C) $19,879
D) $159,030
Correct Answer:
Verified
Q4: Unearned revenue arises because the business receives
Q5: Current liabilities must be paid either in
Q6: Which of the following statements regarding Accounts
Q7: Because amounts owed for products or services
Q8: Sales revenue for a sporting goods store
Q10: Amounts owed for products or services purchased
Q11: Which of the following is a characteristic
Q12: Modern Age Company made total cash sales
Q13: Unearned revenues are current liabilities until they
Q14: Sales tax is an expense of the
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