Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. #3 chicago company sold merchandise to a customer

#3 Chicago Company sold merchandise to a customer for $600 cash in a state with...

60.1K

Verified Solution

Question

Accounting

#3 Chicago Company sold merchandise to a customer for $600 cash in a state with a 6% sales tax rate. The total amount of cash collected from the customer was

A-)$558.

B-)$600.

C-)$642.

D-)$636.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

A combustion analysis of a 0.44g sample of an unknown compound yields 0.88 g CO2 and...

Accounting
1.2K views

Green, Inc., a C corporation, distributes a tract of land held as an investment (FMV =...

Biology
1.2K views

Jaylin s and Cory s first child was diagnosed with phenylketonuria PKU although neither Jaylin...

Physics
1.2K views

20 Resistors are connected in the two gaps of meter bridge The balance point is...

Physics
1.2K views

Statement I Two particles moving in the same direction do not lose all their energy...

Geometry
1.2K views

The graph of y f x is shown below Draw the graph of y f...

Geometry
1.2K views

image after the given transformation Graph the preimage and the image A 2 3 B...

Basic Math
1.2K views

One hundred students out of 1100 at a school were surveyed. The results are recorded...

Accounting
1.2K views

5. (25 pts) The town of Bankrupticut has the following balances at...

Accounting
1.2K views

Dan Corp. reports the following ledger balances at 11?x4 related to its trade accounts receivable....

Accounting
1.2K views

Question 1 (10 marks) Describe the two broad levels of diversity in a work place...

Finance
1.2K views

The YTM on a bond is the interest rate you earn on your investment if...