Sold two Trail-Tracker 2000 snowmobiles and a Norton trailer to customer Karen Osetto at an out-the-door price of $14,697.79 which includes sales tax (sales invoice number G3012). Ms. Osetto presented a check for $6000 as cash down payment and charged the balance to her account. The account will be paid full in 30 days. To calculate the total sales amount divide the out-the-door price by 1.07. The difference between the answer and the total selling cost will be the sales tax.
Merchandise listed on the sales invoice:
Trail-Tracker 2000 Quanity 2 Net cost per unit $5148.00
Norton Trailer Duo Quanity 1 Net cost per unit $693.00
Merchandise listed on the sales invoice:
Trail-Tracker 2000 Quanity 2 Net cost per unit $5148.00
Norton Trailer Duo Quanity 1 Net cost per unit $693.00