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2. Sales Tax Crockett Company made cash sales during the month of March 2022 of $800,000 and credit sales of $500,000. The sales are
2. Sales Tax Crockett Company made cash sales during the month of March 2022 of $800,000 and credit sales of $500,000. The sales are subject to an 8.25% sales tax that was also collected. Prepare the journal entry to record the sale and sales tax.
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Financial Accounting: A Business Process Approach
Authors: Jane L. Reimers
3rd edition
978-013611539, 136115276, 013611539X, 978-0136115274
