Julie's Boutique has total receipts for the month of $30,660 including sales taxes. If the sales tax rate is 5%, what are Julie's sales for the month?   Question 29 options:   $29,200   $29,127   $32,193   It cannot be determ

Q: During the last month, Salma's and Amira's sales were OMR 29,000 and OMR 18,000 respectively. How…

A: Sales commission is paid to employee as an incentive for better performance  In general entities…

Q: Joy is paid a straight commission of 10% on his total amount of sales. If her total sales for the…

A: Commission = 10% x total amount of sales

Q: Total sales for Appliance Center were $205,000 for the week. These sales included a 6% sales tax.…

A: Actual sales = Total sales / (1 + Sales tax rate)

Q: Describe the revenue recognition policy that the company should follow: Comfort Furniture sells…

A: The revenue from sale of goods should be recognised in the books when: Risk and reward of ownership…

Q: Jeffery Simpson sells widgets for Colorful Toys, Inc. His annual salary is $50,000 per year and he…

A:

Q: A salesperson receives step commission on sales calculated as follows: 8% on first $1,000 12% next…

A: sales calculated as follows  8%on first 1000 12% next 2000 20% on sales above 3000 salespersons…

Q: Raffy receives Php 12,000 a month corresponding to a sales of Php 20,000 worth of goods.…

A: Solution Given terms Raffy receives Php 12,000 a month corresponding to a sales of Php 20,000 worth…

Q: Last month The Sweet Tooth Candy Shops had total sales, including sales tax, of $64,889. The stores…

A: Rate of sales tax = 7.5% Of sale revenue Sale revenue + sale tax = 64889 Sales revenue +0.075*sale…

Q: McEwan Industries sells on terms of 3/10, net 30. Total sales for the year are $1,921,000; 40% of…

A: d) The discount percentage is 3% The computation of number of days:

Q: 1. David is paid a monthly salary of P12,000 and earns a commission of 4% in sales. If he sold a…

A: As you have asked multiple questions, we will solve the first question as per policy. Request you to…

Q: VAT Suppliers    P400,000                    P800,000                    P600,000

A: Value Added Tax (VAT): It is a value-added tax placed on products and services at each stage of the…

Q: ed to take 6 months. Prepare the journal entry to record the sales. How much sales revenue should be…

A: journal entry to record the sales Date General Ledger Debit Credit (a) Accounts receivable…

Q: Use the following information for Problems 30 and 31. On March 15, Calloway, Inc., paid property…

A: Journal: Recording of a business transactions in a chronological order.

Q: Stork Enterprises delivers care packages for special occasions. They charge $45 for a small package,…

A: Dear student, as per Bartleby answering guidelines we can answer only three sub-parts if a question…

Q: Humaid is paid a 7% commission on all sales. He sold goods worth RO 15,000 in a month. What is his…

A: Gross pay is the money that a person received without making any deductions.

Q: A shopkeeper buys an article from the wholesaler at RO 72 and pays sales tax at the rate of 10%. The…

A: A value-added tax (VAT) is a consumption tax levied on a commodity whenever it adds value at any…

Q: Salam Company has total receipts for the month of $16,170 including sales taxes. If the sales tax…

A: Sale tax means that tax levied by government on the sale or purchase of goods. Sale revenue means…

Q: Last month The Sweet Tooth Candy Shops had total sales, including sales tax, of $54,889. The stores…

A: Given that,  Amount of sales including sales tax = $54889  rate of sale tax = 7.5%

Q: A sale's man has a fixed salary of birr 200 a week in addition, he receives a sales commission that…

A: In terms of accountancy, salary is treated as an expense account and is reported under the income…

Q: CVP analysis, income taxes. Westover Motors is a small car dealership. On average, it sells a car…

A: 1. Calculation of break-even point: Resulting numbers are as follows:

Q: Stork Enterprises delivers care packages for special occasions. They charge $45 for a small package,…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Big Buy Appliances sells Mike and Katy a refrigerator for $1,200 in March. Big Buy  paid $500 for…

A: Solution...     Sales value of refrigerator  = $1,200    Purchase price of Refrigerator  = $500…

Q: The following selected transactions apply to topeca supply for november and december year 1.…

A: Prepare statement model to reflect the effect of the transactions:Event 1: To record the cash sales…

Q: 2.Last month The Sweet Tooth Candy Shops had total sales, including sales tax, of $51,889. The…

A: a) Sales Revenue  Given, Sales are inclusive of Sales Tax of 7.5% So, Sales are 100% and Sales tax…

Q: Nick Billups is paid a salary of $900 a month, a 2% commission on all sales, and 1.8% more on…

A: JUNE SALES = $48,500 SALARY FOR JUNE = $900   COMMISSION CALCULATION ( A ) 2% ON ALL SALES = 2% X…

Q: An invoice for $400 dated December 7 has sales terms of 2/10 ROG. The merchandise arrived December…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: ClipClop record in connection with the April sale? $7,680 $20,000 $0 because ClipClop does not know…

A: As per relevant standard if the entity believes that it is probable that a discount will be provided…

Q: During the month of December, Hexon steels made a 676,000 credit sale. The state sales tax rate is…

A: Journal entries was the process of recording various accounting transactions in a chronological…

Q: Schoenen Motors is a small car dealership. On average, it sells a car for $27,000, which it…

A: Break even point is that point at which there is no profit and no loss and business is recovering…

Q: PA2.  Stork Enterprises delivers care packages for special occasions. They charge $45 for a small…

A: Sales revenue: It is the revenue earned by a business on selling the goods or providing services to…

Q: 1.Jill is paid a yearly salary of $90,000. How does she make per month?

A: Salary is the payment form from the employer to the employees, which might be specified the contract…

Q: A saleslady in Fortuna mall receives a monthly salary of Ρhр 12,000.00 рlus 10 % on all sales for…

A: Gross pay is defined as the aggregate earnings of the individual through out the period or year…

Q: Stork Enterprises delivers care packages for special occasions. They charge $45 for a small package,…

A: Sale tax is the tax levied on sale of goods. Sale tax paid on purchases can be booked as receivable…

Q: During December, Far West Services makes a $3,200 credit sale. The state sales tax rate is 6% and…

A: State sales tax = Sales x State sales tax rate = $3,200 x 6% = $192 Local sales tax = Sales x Local…

Q: Ganja Motors is a small car dealership. On average, it sells a car for $54,000, which it purchases…

A: The point where the costs are recovered and neither profit nor loss occurs is called the break-even…

Q: Use the information for the next four (4) questions. Lalala Company has an agreement to pay the…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Majan Business Solutions Company pays its employees on the below graduated commission scale: Sales…

A: The company provides the salary to its employees on a commission basis also. Mostly the sales…

Q: Len-Len is a saleslady who has a monthly salary of ₱22,500. Her total sales for  the month amount to…

A: Solution  Gross income means The total amount of money you get before taxes and other deductions are…

Q: Duke Company pays its outside salespersons fixed monthly salaries and commissions based on net…

A: Sales commission is the commission accrued on sales done by the company. The sales commission would…

Q: During month of May, UMPI, Inc. had cash sales of $243,624 and credit sales of $153,687, both of…

A: Introduction:- UMPI, Inc. had cash sales of $243,624 credit sales of $153,687 Total sales is…

Q: Stork Enterprises delivers care packages for special occasions. They charge $35 for a small package,…

A: Stork Enterprises delivers care packages for special occasions. They charge $35 for a small package,…

Q: A certain man works in sales and earns a base salary of $1100 per month plus 6% of his total sales…

A: As per our Honor code policy, we are authorized to answer only three sub parts at a time. So, we are…

Q: Required information (The following information applies to the questions displayed below) The…

A: Sales tax: Sales tax is one type of indirect tax that needs to pay on selling goods or rendering…