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2) Raleigh Company billed its customers a total of $1,155,000 for the month of November. The total includes a 5% state sales tax. Required: a.

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2) Raleigh Company billed its customers a total of $1,155,000 for the month of November. The total includes a 5% state sales tax. Required: a. Prepare the journal entry to record the revenue and related liabilities for the month. b. Prepare the journal entry to record the sales tax remittance to the state

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