=+4. Assume that on September 1, the state in which Guardian operates begins requiring that sales tax

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=+4. Assume that on September 1, the state in which Guardian operates begins requiring that sales tax be collected on accounting services. Briefly explain how the revenue journal may be modified to accommodate sales of services on account requiring the collection of a state sales tax.

Chapter 5 Accounting Systems 241

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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