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A company receives $396, of which $36 is for sales tax. The journal entry to record the sale would include a debit to Cash for
A company receives $396, of which $36 is for sales tax. The journal entry to record the sale would include a
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| debit to Cash for $360. |
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| debit to Sales Tax Expense for $36. |
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| credit to Sales Taxes Payable for $36. |
|
| debit to Sales Revenue for $396. |
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IT Audit In China
Authors: LIU Ruzhuo
1st Edition
981428145X, 978-9814281454
