Make journal entries to record the following transactions. Explanations are not required. May 31 Recorded cash sales
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Make journal entries to record the following transactions. Explanations are not required.
May 31 Recorded cash sales of $630,000 for the month, plus sales tax of 7% collected for the state of Mississippi. Ignore cost of goods sold.
Jun 6 Sent May sales tax to the state.
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Journal DATE ACCOUNTS POST REF Dr Cr May 3...View the full answer
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