No, I don't.
tax information sheet is a sheet with all the information you need to do your annual tax
Tax is an expense, you do not record it in a balance sheet but on the general journal.
Sales tax payable is a current liability and is presented on the credit side of the balance sheet-
Tax paid is not part of balance sheet or income statement rather it is part of cash book.
add 1 by the number itself and them divide by 60 multiply by 100
EBIT is not show in balance sheet rather Earning after tax is shown in balance sheet.
Defferred tax asset is shown in assets side of balance sheet under head of other assets.
Yes.
Income statement & balance sheet.
60
a tax collector went to people's houses and collected tax by looking at a sheet of lists of people that lived in the reigion
For tax/tip, multiply your base number by 1 + the percent. So for 8% sales tax on an item that costs $100, the total is $100 * (1 + .08) = $100 * 1.08 = $108. For discounts, multiply your base number by 1 - the percent. So if that same item is on sale for 40% off, $100 * (1 - .4) = $100 * .6 = $60 (and with the same tax, $60 * 1.08 = $64.80).