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If i collected 2400 in sales on hamburgers and hotdogs the hamburger sold for 3 and the hot dogs sold for 2 how many of each were sold?
There is insufficient information to provide a unique answer. There could have been 800 - 2*k Hamburgers and 3*k Hot Dogs where k is any integer in the range [0, 400].
What else can I help you with?
Does McDonald's sell more hamburgers then any other food chain fact or opinion?
Fact. McDonald's is consistently recognized as the largest fast-food chain in the world by sales volume, and it is known for selling more hamburgers than any other food chain. This is supported by various industry reports and sales data, which highlight McDonald's dominance in the hamburger market.
Did McDonald's invent the hamburger?
No, they were around decades before McDonald's. ---- MacDonald's did not invent the hamburger (which is simply ground beef on a bun, and has probably been around for ages). MacDonald's created a system of mass production for hamburgers and other foodstuffs which allowed for a much higher sales volume than a conventional restaurant, at greatly reduced costs. Basically they invented a food factory.
Is sales tax collected by wholesalers?
no
What kind of taxes are consumption collected as?
Sales.
Is the amount of sales tax collected on sales is recorded in the Sales Tax Revenue account?
combind revenue accounts
Who collects sales tax?
Sales tax is collected by the seller and then passed on to the State.
Are state sales taxes collected on food items in Florida?
No
What is the amount of sales tax collected in Hollywood Florida?
The sales tax in Hollywood, FL was 6.00% at the time of this post.
When should a business send the collected sales tax to the government?
A business should send the collected sales tax to the government according to the schedule set by the tax authorities, typically on a monthly or quarterly basis.
When companies pay the government collected sales tax sales taxes payable is credited and cash is debited true or false?
True. When companies pay the government the collected sales tax, they credit the "Sales Taxes Payable" account, which reduces the liability, and they debit the "Cash" account to reflect the outflow of cash. This transaction effectively transfers the sales tax liability to the government.
Which taxes are collected on the sales of gasoline and used to construct highways?
Excise Taxes.
What account that would be credited for the amount of tax collected on sales?
accounts payable
