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Question - Paul had total gross sales of $25,000, of which $5,350 were nontaxable sales for resale, $8,137 was nontaxable labor and $ 3,513 nontaxable sales of food. His business is located in the city of Sacramento which has a sales tax rate at 8.75%. How much sales tax does he owe?
The contract requires Kickapoo to pay the contract price of $3,000 in advance on July 15, 2018. Prepare the journal entry on July for Ellsbury
the following informationis available for leno companysales 695000goods available 535000ending
Find which statements regarding corporations is incorrect? Corporations are businesses organized under state law and do not have an existence that is separate
Assume that Elisha and Ezra share equally in partnership liabilities. How much is Elisha's basis in the partnership interest on December 31
Matt and Meg Comer are married and file joint return. What is the Comers tax liability for 2016 if they report following capital gains and losses for the year?
If you are given with a Bank Reconciliation , Bank Statement and General ledger, How would approach to audit the bank reconciliattion, explain step by step?
Yvette Bradbury is an account representative at Commerce Savings Bank, earning $45,600 annually, What is her taxable income
Nell, single and age 38, had the following income and expense items in 2019: Nonbusiness bad debt $6,000. Determine Nell's AGI for 2019
If Purchases Returns and Allowances are $10,000 and Purchases Discounts are $1,500, what are gross purchases
assume that next year research in motion sells off its interest in tip communications one of its subsidiaries.
b-mart sells 5000 of blue jeans. the customer later tells b-mart that 200 of them are defective. the sale of the 5000
market enterprises would like to issue bonds and needs to determin the approximare rate they would need tp pay
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