Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Paper Money
>
$100 Bill Not Accepted At Local Retail Place
>
Reply to Thread
Message:
<p>[QUOTE="Jim Dale, post: 8307513, member: 100459"]CASE 1: I've noticed on several occasions, women that bring a hand calculator to the store to tally up their purchases. When their purchases are scanned, they compare the totals. However, it gets complicated with sales taxes. Food is 2% and other purchases are 7%. To verify the taxes, they would have to keep up with groceries separate than other purchases. In our state, soft drink purchases are not considered food. When the change of tax rates first came up, sales taxes on Pepsis, and other soft drinks, we paid 2%. Our state legislators, in their infinite wisdom, decided that soft drinks and other beverages were a luxury and 7% should be charged.</p><p>CASE 2: When I went to school, we were taught how to make change in First Grade. However, it seems to be a lost art, like writing in cursive (another problem..I can't spell.) Many businesses today have cash registers that scan your purchases and when cash is paid, it tells the employee how much of each denomination is to be given in return. (I like the story above telling how the change to be given is $9.95, and the patron offers to give the employee a nickel so the cashier would give a $10 bill in return.) </p><p>My wife was a High School English Teacher for over 30 years. She told me that her students were "dumb as dirt" when it came to total up their grades.</p><p>My wife used to get upset with me when we would go to a McDonald's and I could tally up the amount due, what the change should be, and how many of each denomination I was to receive in change. I retired 10 years ago as a CPA working for the state. I had fun doing it, but cashiers aren't the only ones unable to give change. I have more stories that I got from the people I did work for. Even many CPA's can't count. They use H & R Block to do taxes (so do I).[/QUOTE]</p><p><br /></p>
[QUOTE="Jim Dale, post: 8307513, member: 100459"]CASE 1: I've noticed on several occasions, women that bring a hand calculator to the store to tally up their purchases. When their purchases are scanned, they compare the totals. However, it gets complicated with sales taxes. Food is 2% and other purchases are 7%. To verify the taxes, they would have to keep up with groceries separate than other purchases. In our state, soft drink purchases are not considered food. When the change of tax rates first came up, sales taxes on Pepsis, and other soft drinks, we paid 2%. Our state legislators, in their infinite wisdom, decided that soft drinks and other beverages were a luxury and 7% should be charged. CASE 2: When I went to school, we were taught how to make change in First Grade. However, it seems to be a lost art, like writing in cursive (another problem..I can't spell.) Many businesses today have cash registers that scan your purchases and when cash is paid, it tells the employee how much of each denomination is to be given in return. (I like the story above telling how the change to be given is $9.95, and the patron offers to give the employee a nickel so the cashier would give a $10 bill in return.) My wife was a High School English Teacher for over 30 years. She told me that her students were "dumb as dirt" when it came to total up their grades. My wife used to get upset with me when we would go to a McDonald's and I could tally up the amount due, what the change should be, and how many of each denomination I was to receive in change. I retired 10 years ago as a CPA working for the state. I had fun doing it, but cashiers aren't the only ones unable to give change. I have more stories that I got from the people I did work for. Even many CPA's can't count. They use H & R Block to do taxes (so do I).[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Paper Money
>
$100 Bill Not Accepted At Local Retail Place
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...