This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: XYZ Motors makes a sale of 15,600 on account. The sales tax rate is 8. What is the amount debited to ... (Read 89 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
on: Jul 6, 2018
XYZ Motors makes a sale of 15,600 on account. The sales tax rate is 8. What is the amount debited to Accounts Receivable?
 a. 1,248
   b. 15,600
   c. 14,352
   d. 16,848

Question 2

A government accounting system must make it possible to
 
  a. Present financial information in conformity with GAAP
  b. Demonstrate compliance with finance related legal and contractual provisions
  c. Meets as many legal requirements as possible without violating GAAP
  d. Both a and b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 6, 2018
Answer to Question 1

d

Answer to Question 2

D


oliviahorn72

  • Member
  • Posts: 579
Reply 2 on: Jul 6, 2018
Wow, this really help

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Rate enhancement by entropy reduction Rate enhancement by entropy reduction
A depiction of the amount of precipitin that would form with different ratios of antigen and ... A depiction of the amount of precipitin that would form with different ratios of antigen and ...
How to solve rate problems leading to fractional equations (Question 1) How to solve rate problems leading to fractional equations (Question 1)
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Calculating Growth Rate of Bacteria Calculating Growth Rate of Bacteria
Main mechanism of carbon dioxide transport and exchange. A lesser amount of CO2 travels to the lungs Main mechanism of carbon dioxide transport and exchange. A lesser amount of CO2 travels to the lungs
Video: Hemodynamics Animation

For a complete list of videos, visit our video library