A business sells goods to a customer for a list price of $17,000 excluding sales tax. The customer negotiates a 5% trade discount. Sales tax is 20%.How much does the customer owe the business?
A: $19,380
B: $16,150
C: $19,550
D: $20,400
A: $19,380
B: $16,150
C: $19,550
D: $20,400
举一反三
- A business is registered for sales tax. The sales tax rate is 20%.Sales (including sales tax) for the period are $37,200 and purchases (excluding sales tax) are $19,600.What is the balance on the sales tax control account? A: $3,920 B: $6,200 C: $3,760 D: $2,280
- Alfred is registered for sales tax. He makes sales of $25,000 including sales tax and purchases goods for $7,000 excluding sales tax. The opening balance on the sales tax account was $500 credit. Sales tax is 20%.What is the closing balance on the sales tax account? A: $3,600 B: $3,000 C: $2,267 D: $3,267
- A business discovers that a customer has become bankrupt. The customer owes the business $2,360. If sales tax is 20%, what accounting entries are necessary? A: DR Irrecoverable debts: $2,360, CR Receivables: $2,360 B: DR Irrecoverable debts: $1,888, DR Sales tax: $472, CR Receivables: $2,360 C: DR Irrecoverable debts: $2,360, CR Sales tax: $393.33, CR Receivables: $1,966.67 D: DR Irrecoverable debts: $1,966.67, DR Sales tax: $393.33, CR Receivables: $2,360
- A business sells goods to a customer for $3,000. The customer returns half of the goods as faulty. What document does the business issue to the customer for the returns? A: Debit note B: Remittance advice C: Credit note D: Goods received note
- B2C是英文（ ）的缩写。 A: Business to Customer B: Business 2 Customer C: Customer to Customer D: Customer 2 Customer