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1. When recording a sales transaction, would Jubilee Superstores use the Sales revenue field or the Total invoice field for total revenue? How would Sales
1. When recording a sales transaction, would Jubilee Superstores use the Sales revenue field or the Total invoice field for total revenue? How would Sales tax amount be handled when recording transactions? (i.e., which type of account would it be recorded to? Would it be classified as short or long term?) 2. Assume all Jubilee Superstores sales are on account. For each sales transaction, would the Sales revenue amount or the Total invoice amount be recorded as the debit (or increase) to Accounts receivable by Jubilee Superstores? 3. What is the total Books sales revenue? 4. Which region had the most Office supplies sales revenue? 5. What are the trends in sales revenue for each of the three product divisions
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