Respuesta :
Answer:
$780
Explanation:
The computation of the sales tax payable is shown below:
Sales tax payable = Total sales ÷ (100 + sales tax rate) × sales tax rate
where,
Total sales is $16,380
And, the sales tax rate is 5%
Now placing these values to the above formula
So, the sales tax payable is
= $16,380 ÷ (100 + 5%) × 5%
= $780
We simply applied the above formula so that the sales tax payable could come
Answer:
780
Explanation:
Price without sales tax x (100%+ sales tax rate) = total with sales tax
price without sales tax x 1.05 (100%+5%) =16380
price without sales tax =16380/1.05
price without sales tax = 15600
total with sales tax-sales without sales tax = sales tax payable
16380 - 15600 = 780
