Author Question: The amount of the total cash paid to the seller for merchandise purchased for consumption would ... (Read 44 times)

OSWALD · **on:** Jul 5, 2018

The amount of the total cash paid to the seller for merchandise purchased for consumption would normally include
a. only the list price
b. only the sales tax
c. the list price plus the sales tax
d. the list price less the sales tax

Question 2

On July 1, Team Shirts paid 600 for three months' worth of advertising beginning on July 1. What is the balance in the Prepaid advertising account at July 31?

A) 0
B) 200
C) 400
D) 600