. .
How to Compute Sales Tax
Convert the percent (%) to a decimal. Example: 7% = 0.07
Multiply the subtotal by 0.07. Example: $23.59 x 0.07 = $1.65
Add the computed sales tax to the subtotal for the total that the consumer pays.
Example: $23.59 + $1.65 = $25.24
1. Deodorant
7% sales tax = $
2 Greeting card
7% sales tax = $
3. Shampoo
7% sales tax = $
4. Spiral notebook 7% sales tax = $
5. Highlighter
7% sales tax = $
6. Oranges
7% sales tax = $
7. What is 7% sales tax on a used car that costs $8,099?
8. What is the total cost of the car including sales tax?
Final price = $
Final price = $
Final price = $
Final price = $
Final price = $
Final price = $
$
$

Journalize the following transactions that occurred in september 2015 for aquamarines. no explanations are needed. identify each accounts payable and accounts receivable with the vendor or customer name. sep. 3 purchased merchandise inventory on account from shallin wholesalers, $5,000. terms 1/15, n/eom, fob shipping point. 4 paid freight bill of $80 on september 3 purchase. 4 purchased merchandise inventory for cash of $1,700. 6 returned $500 of inventory from september 3 purchase. 8 sold merchandise inventory to hermosa company, $6,000, on account. terms 2/15, n/35. cost of goods, $2,640. 9 purchased merchandise inventory on account from thomas wholesalers, $8,000. terms 2/10, n/30, fob destination. 10 made payment to shallin wholesalers for goods purchased on september 3, less return and discount. 12 received payment from hermosa company, less discount. 13 after negotiations, received a $200 allowance from thomas wholesalers. 15 sold merchandise inventory to jordan company, $2,500, on account. terms 1/10, n/eom. cost of goods, $1,050. 22 made payment, less allowance, to thomas wholesalers for goods purchased on september 9. 23 jordan company returned $400 of the merchandise sold on september 15. cost of goods, $160. 25 sold merchandise inventory to smithsons for $1,100 on account that cost $400. terms of 2/10, n/30 were offered, fob shipping point. as a courtesy to smithsons, $75 of freight was added to the invoice for which cash was paid by aquamarines. 26 after negotiations, granted a $100 allowance to smithsons for merchandise purchased on september 25. 29 received payment from smithsons, less allowance and discount. 30 received payment from jordan company, less return.