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When merchandise is sold for 500 dollars plus 5 percent sales tax the Sales account should be credited for 525 dollars?
Journal entry is as follows: [Debit] Cash 525 [Credit] Sales 500 [Credit] Sales tax payable 25
Heather wants to buy a pair of shoes for 49.99 that are on sale for 25 percent off Heather knows she will have to pay a 5.5 percent state sales tax on the purchase What is the total amount Heather wil?
39.55
What is your current tax bracket for 70000?
25 PERCENT
What is the sales tax rate for Cuyahoga County Ohio?
Cuyahoga County Sales Tax RateAs of July 2007, it is 7.5%.As of October 2008 the sales tax was increased .25%, currently this remains in effect. Tax rates are 7.75% still in Nov 2009.
What will be sales if gross profit 25 percent and cost of goods sold -100000?
Sales = Cost of goods sold / 75% Sales = 100000 / .75 Sales = 133333 Prove sales = 133333 Less CGS = 100000 Gross profit = 33333 (25% of sales)
How much is 10 percent sales tax on 25 dollars?
10 percent of 25 is 2.5. So, a 25 dollar item with 10 percent sales tax would be $27.50.
How much is 7 percent sales tax on 25 dollars?
The total tax is $1.75 and the total price with tax is $26.75
9.75 percent sales tax leaves .25 percent. Where does the .25 percent go?
9.75 % is just an abbreviation of 9.75/100. For sales tax, it simply means that for every $100 of stuff that you buy, you pay $9.75 in sales tax. There is no .25 percent left over.
What is 25 percent off of 39.99 plus 6 percent sales tax?
25 percent off of 39.99 plus 6 percent sales tax results in a final cost of $31.79
How much is 19 percent sales tax on 25 dollars?
19% of 25 dollars = 25*19/100 = 4.75 dollars.
49.99 with 25 percent off plus 5.5 percent sales tax?
The final price is $39.55
What is the total if the item is 25 dollars with a 7 percent sales tax?
25*1.07 = 26.75 dollars
What is the total cost of a 136 dollar radio that has a 25 percent discount and a 5 percent sales tax?
The total tax is $5.10 and the total price with tax is $107.10
Find the final cost of a 180 camera on sale for 25 off with sales tax of 7?
The final cost of a 180 camera on sale for 25 percent off and a sales tax of 7 is 142.
In ma sales tax will increase to 6.25 percent 8-1-09 but car dealers are advertising rates will go to 25 percent what will tax be on new cars?
They say UP 25% : 5% to 6.25 = + 25%
When is the percentage key used on a calculator?
You can use it to figure out many things. One example would be to figure out how much a sale item will save you. Say your item is $25 but is on sale for 5 percent off. take 25 and minus 5 then hit the percent key. Another example would be for sales tax. If your tax is 5 percent and your buying something for $25 take the 25 and times it by 5 and hit the percent key. That will tell you how much to add to the $25
At Stores Unlimited you will find everything you need at a 30 percent discount A set of four bath towels is marked 25 How much will you pay for the set with a 5 percent sales tax?
You would pay $18.38.
