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 128 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
Thanks for the timely response, appreciate it

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Hormonal regulation of digestion rate in the stomach and small intestine. Hormonal regulation of digestion rate in the stomach and small intestine.
General Motors, Cadillac Fleetwood. General Motors, Cadillac Fleetwood.
A compression gauge designed for the higher compression rate of a diesel engine should be used when ... A compression gauge designed for the higher compression rate of a diesel engine should be used when ...
How to determine the commission of a sale How to determine the commission of a sale
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ... If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...
Video: Phases of the Female Reproductive Cycle - Hormonal regulation

For a complete list of videos, visit our video library