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A company sells $190,000 (selling price) of goods and collects sales tax of 5%. What current liability does the sale create? A. Sales revenue of

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A company sells $190,000 (selling price) of goods and collects sales tax of 5%. What current liability does the sale create? A. Sales revenue of $199,500 B. Unearned revenue of $9,500 C. Sales tax payable of $9,500 D. None; the company collected cash up front

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