[Answered] The seller records the sales tax as part of the sales amount. a. True b. False Indicate ...

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Author Question: The seller records the sales tax as part of the sales amount. a. True b. False Indicate ... (Read 37 times)

misspop

Hero Member
Posts: 540

on: Jul 5, 2018

The seller records the sales tax as part of the sales amount.
a. True
b. False

Indicate whether the statement is true or false

Question 2

U.S. generally accepted accounting principles (GAAP) are determined by the ________.

A) IFRS
B) IASB
C) FASB
D) U.S. Congress

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mmpiza

Sr. Member
Posts: 354

Reply #1 on: Jul 5, 2018

Answer to Question 1

False

Answer to Question 2

C

misspop

Member
Posts: 540

Reply 2 on: Jul 5, 2018

Wow, this really help

essyface1

Member
Posts: 347

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

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Author Question: The seller records the sales tax as part of the sales amount. a. True b. False Indicate ... (Read 37 times)

misspop

The seller records the sales tax as part of the sales amount. a. True b. False Indicate ...

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Need homework help now?

mmpiza

The seller records the sales tax as part of the sales amount. a. True b. False Indicate ...

misspop

essyface1