Question 11 - Week 5 Practice - Connect
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School
Colorado Technical University**We aren't endorsed by this school
Course
ACCT 411
Subject
Accounting
Date
Dec 17, 2024
Pages
1
Uploaded by AgentThunderWolverine24
eBook⊕HintpPrint▥References11Part 2 of 43.21pointsSkippedWeek 5 PracticeHelp Save & ExitSubmitSavedCheck my work2Required information[The following information applies to the questions displayed below.]Last year, Reggie, a Los Angeles, California, resident, began sellingautographed footballs through Trojan Victory (TV) Incorporated, a Californiacorporation. TV has never collected sales tax. Last year it had sales as follows:California ($108,800), Arizona ($21,000), Oregon ($23,800), New York($61,000), and Wyoming ($2,100). Most sales are made over the Internet andshipped by common carrier.Determine how much sales tax TV should have collected in each of thefollowing situations:Note: Leave no answer blank. Enter zero if applicable.!b.California treats the autographed footballs as part tangible personal property ($54,400) andpart services ($54,400), and tangible personal property is subject to an 8.25 percent sales taxrate. Calculate Sales tax for California.Sales tax for CaliforniaPrev⦂Next ←111213of14▦→
