sSold for csh, one model A1100 Kawasaki Jet Ski Personal Wtercraft. this model retails for $9375.00 plus 8% sales tax.
Note: The Jet Ski being sold for $9375.00 cost the business $7500.00(net). All personal watercraft and trailers carry a 25% markup on net cost (20% markup on selling price). The net cost of $7500.00 plus the programmed markup of $1875.00 (7500.00 x 25%) must equal the credit entry to sales of $9375.00 or the journal entry will not be accepted by the program.