Answered

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If Morgan Industries issued a Credit Memorandum on January 20 for a return of $1,100 of merchandise purchased on account by Doug Bowen, plus 6 percent sales tax, the credit memorandum total would be:

Sagot :

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Answer:

1166

Explanation:

Morgan industries issued a credit

memorandum of $1100 on January 20th

They also have 6% tax sales

= 6/100 × 1100

= 0.06×1100

= 66

Therefore the total credit memorandum can be calculated as follows

= 1100+66

= 1,166

Hence the credit memorandum total is $1166

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