No.
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Sales tax
debit accounts receivabledebit sales taxcredit sales revenue
No, net sales do not include tax. It is the total amount of company sales after the deduction of returns, damaged goods and any discounts.
Yes, in states which have a sales tax, it is a very important source of revenue.
combind revenue accounts
No. Shipping is not to be included when calculating sales tax.
sales tax
Sales tax
%-off sales calculating sales tax calculating income taxes nutritional values (x% of daily requirement)
debit accounts receivablecredit sales tax payablecredit sales discountcredit sales revenue
Sales Tax is imposed by State and Local government. Sales tax provides around 11 percent of state tax revenue (on average).
sales tax A+
State Revenue Office
Individual Income Tax and Sales Tax
debit accounts receivabledebit sales taxcredit sales revenue
the sources of public revenue is tax from citizen also the government can take loans from foreign governments public revenue can also be generated from goodwills to the government and also through international trade.