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A company sells $160,000 (sales price) of goods and collects sales tax of 5%. What current liability does the sale create? O A. Sales tax

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A company sells $160,000 (sales price) of goods and collects sales tax of 5%. What current liability does the sale create? O A. Sales tax payable of $8,000 O B. Sales revenue of $168,000 O C. Unearned revenue of $8,000 O D. None, the company collected cash up front

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