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

Account, I want to learning Accouny basic

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STATEMENT OF CASH FLOW, #2, The comparative balance sheets and income state...

Deferred payments, Ask question Discuss the export financing under the defe...

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Ledger, basic problems about ledger

Exploration cost, is exploration cost for mining companies regarded as asse...

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Write Your Message!

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