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Ad libitum [116K]
3 years ago
12

The following selected transactions apply to Book Yard Store for November and December, Year 1. November was the first month of

operations. Sales tax is collected at the time of sale but is not paid to the state sales tax agency until the following month.
a. Cash Sales for Nov Year 1 were $100,000 plus sales tax of 9%.
b. Book Yard the Nov sales tax to the state agency on Dec 7, Year 1.
c. Cash Sales for Dec Year 1 were $80,000 plus sales tax of 9%.
Business
1 answer:
olga55 [171]3 years ago
6 0

Answer:

The question requires that you show the effect of the previous transactions on a statements model. Since there is not enough room here, I prepared the attached excel spreadsheet.

Download pdf
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<h3>Qualitative data: What are they?</h3>

Information that approximates and characterizes is what qualitative data are. Qualitative information can be observed and recorded. This particular data type is not numerical. This kind of information is gathered using focus groups, one-on-one interviews, observations, and similar techniques. In statistics, categorical data, or information that can be categorized based on the characteristics and traits of an object or phenomena, is often referred to as qualitative data.

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For more information on <u>Qualitative Data</u>, refer to the following link:

brainly.com/question/12929865

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