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Subject
Accounting
School
SUNY Morrisville
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Homework
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Business Math Project Fall 2020 Name ______________________
You are the new owner of All-Star Sports Store. The store carries sporting equipment for hunting, hiking,
camping, fishing, basketball, football, hockey, soccer, etc. You have decided to do all the bookkeeping because
of the knowledge you acquired from your business mathematics class at SUNY Morrisville. THE DUE DATE
FOR THE PROJECT IS WEDNESDAY, MONDAY, DECEMBER 2 AT OR BEFORE 11 AM. LATE
WORK (any time at or after 11:01 AM is late) WILL RECEIVE A 10 POINT REDUCTION/24 %. THIS
PROJECT IS WORTH 15% OF YOUR SEMESTER GRADE. Please attach your worksheets that show
calculations on separate paper. Failure to attach worksheets will result in a 10 point reduction. If you
have been coming to class in-person, you may turn in hard copy of your project, otherwise upload it to
Blackboard. You may ask the instructor or a tutor for assistance but you are REQUIRED to complete
your own project.
1. All-Star Sports Store had the following monthly sales amounts for 2019:
January $35,175
February $46,915
March $51,010
April $60,675
May $63,650
June $65,810
July $65,775
August $69,695
September $70,125
October $72,250
November $69,125
December $73,550
a) Find the before tax total of sales for the year $ 743,755
b) The store is located in Onondaga County in New York State where the county sales tax rate is 4 % and
the state sales tax rate is 4 %. Total sales tax rate charged is the combination of state and county taxes.
The total rate is 7.89%
c) Compute the sales tax charged on the total sales $58310.39
d) Compute the total dollar amount of sales and sales tax (add a & c) $802,065.39
e) If last year’s pre-tax sales were $503,190 was there an increase or decrease in pre-tax
sales this year (circle increase or decrease)? By how much $290,565
f) Compute the percent of increase/decrease rounded to the nearest tenth of a percent
36.60%

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2. Fill out the check register that follows with this information: The balance brought forward is $4968.68.
March 6 Check No. 611 12 North Sporting Equipment 1200.56
15 Check No. 612 Fire Fighting Equipment 281.90
19 Check No. 613 AT&T 78.90
20 Check No. 614 PS Corp. (rent) 1875.00
23 Check No. 615 Dell Computers 589.79
24 Check No. 616 National Grid 412.56
30 ATM Chantry’s 17.90
31 Deposit 600.50
Check
No.
Date
Check Issued to
Amount
of check
Date of
deposit
Amount of
deposit
Balance
$4968.68
611
10-Jun
12 North Sporting Equipment
1200.56
3768.12
612
Oct-15
Fire Fighting Equipment
281.9
3486.22
613
Oct-19
AT&T
78.9
3407.32
614
Oct-20
PS Corp. (rent)
1875.00
1532.32
615
Oct-23
Dell Computers
589.79
942.53
616
Oct-24
National Grid
412.56
529.97
Oct-30
ATM
17.9
547.87
Oct-31
Deposit
600.5
1148.37

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Business Math Project Fall 2020 Name ______________________ You are the new owner of All-Star Sports Store. The store carries sporting equipment for hunting, hiking, camping, fishing, basketball, football, hockey, soccer, etc. You have decided to do all the bookkeeping because of the knowledge you acquired from your business mathematics class at SUNY Morrisville. THE DUE DATE FOR THE PROJECT IS WEDNESDAY, MONDAY, DECEMBER 2 AT OR BEFORE 11 AM. LATE WORK (any time at or after 11:01 AM is late) WILL RECEIVE A 10 POINT REDUCTION/24 %. THIS PROJECT IS WORTH 15% OF YOUR SEMESTER GRADE. Please attach your worksheets that show calculations on separate paper. Failure to attach worksheets will result in a 10 point reduction. If you have been coming to class in-person, you may turn in hard copy of your project, otherwise upload it to Blackboard. You may ask the instructor or a tutor for assistance but you are REQUIRED to complete your own project. 1. All-Star Sports Store had the following monthly sales amounts for 2019: January $35,175 February $46,915 March $51,010 April $60,675 May $63,650 June $65,810 July $65,775 August $69,695 September $70,125 October $72,250 November $69,125 December $73,550 a) Find the before tax total of sales for the year $ 743,755 b) The store is located in Onondaga County in New York State where the county sales tax rate is 4 % and the state sales tax rate is 4 %. Total sales tax rate charged is the combination of state and county taxes. The total rate i ...
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Awesome! Perfect study aid.

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