Sales revenue will be recorded at $4,000 and yang Yang would be required to Recognize sales tax liability of $360.
What is sales revenue?
- The terms revenue and sales revenue are sometimes used synonymously.
- However, the concept of revenue includes income derived from sources other than those directly connected to the primary business, such as interest on savings or money distributed as dividends.
- Revenue comprises income derived from the sale of goods and services. The classification of this is "non-operating income."
Sales = $4,000
State sales tax rate = 9%
State sales tax = Sales x State sales tax rate
= 4,000 x 9%
= $360
Sales revenue will be recorded at $4,000 and sales revenue is not affected by the sales tax amount.
Hence, Yang would be required to Recognize sales tax liability of $360.
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Answer:
73 is the correct answer
Step-by-step explanation:
I would pick 3 and 6
or C and F
Answer:
C
Step-by-step explanation:
sorry if I'm wrong-
Answer:
yes
Step-by-step explanation:
R greater than or equal to 7
