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3. During the month of October, the following transactions occurred. The applicable sales tax rate is 6%. Enter the transactions in the general journal (4
3. During the month of October, the following transactions occurred. The applicable sales tax rate is 6%. Enter the transactions in the general journal (4 Sept. 2 7 12 Sold merchandise on account to Elson Lark, $1,400, plus sales tax. Sold merchandise on account to Daniel Madden, $1,900, plus sales tax. Issued credit memorandum to Elson Lark for $650, plus sales tax. Sold merchandise on account to Matt Fellmar, for $500, plus sales tax and services for $500 with no sales tax. Sold merchandise on account to April Cardosa, $850, plus sales tax. 22 28
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