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5.04 Execute sales transactions

5.04 Execute sales transactions. Sales transactions include:. Cash or sales check Debit card sales Credit card sales Layaway sales On approval sale Cash-on-delivery (COD) PayPal. How much do I owe?. Multiply unit price times the quantity purchased.

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5.04 Execute sales transactions

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  1. 5.04 Execute sales transactions

  2. Sales transactions include: • Cash or sales check • Debit card sales • Credit card sales • Layaway sales • On approval sale • Cash-on-delivery (COD) • PayPal

  3. How much do I owe? • Multiply unit price times the quantity purchased. • Add the totals together to determine the subtotal. • Calculate sales tax. • Calculate shipping charges if applicable. • Add the subtotal, tax and shipping charges. Item Qty. Price Extension Socks 2 $2.99 $5.98 T-shirt 1 $7.99 $7.99 Subtotal: $ 13.97 Tax $1.05 Shipping $2.00 TOTAL $17.02

  4. How much does the retailer owe? • Debit sales For example: Ce’Mour’s Hair Studio is charged a nominal fee regardless of the amount purchased • Credit sales For example: Paynet Systems’ charges are based on a sliding scale

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