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1. On Feb 6th, Cash register Sales total $129,600, which includes an 8% sales Tax Prepare a Journal Entry to record Transcation 2. On March

1. On Feb 6th, Cash register Sales total $129,600, which includes an 8% sales Tax
Prepare a Journal Entry to record Transcation
2. On March 3, peoples company sole $950,000 of merchandis to Virgina Company terms 1/10, n/30. The merchandise had cost Peoples $600,000. On March 6, Virgina Company returned $50,000 of the merchandise purchased on March 3.
prepare journal entry for Virgina Company on march 7
3.On February 28 the payroll for the month consisted of salaries and wages of 30,000 all the wages are subject to 7.65% FICA taces. A total of $9,000 federal income taxes are withhelf.
prepare Journal entry to record transactions

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