Formula Needed, Hello, I work in the Events Department for a country club in Rhode, Accounting Basics

Formula Needed, Accounting Basics

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Hello, I work in the Events Department for a country club in Rhode Island. We are trying to figure out the following question for an invoice:

A restaurant bill is $18.50 and includes gratuity and tax.
In our restaurant, gratuity is added to the bill, and that sum is then taxed.

If the bill is $18.50, what amount is the gratuity and what amount is the tax?

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Formula Needed, Accounting Basics

Related Discussions:- Formula Needed

Softwares, how its help

The beginning capital of the business totals $4, The beginning capital of t...

What does the 2011, At December 31, 2011 and 2010, Miley Corp. had 180,000 ...

Accounting framework, The conventions and rules of accounting are commonly ...

STUDENT, DO YOU SHOW ANY SOLUTIONS TO THE QUESTIONS

Word problem, a 50 petty cash fund has cash of 20 and valid receipts for 40...

Accounting equations, decrease in assat & decrease in capital

Final accounts, stpes to be taken prepaing for final accounts

Cross indexing is made up, Cross indexing is made up

Macrs, define Macrs in detail

Write Your Message!

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