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A retail store credited the Sales Revenue account for the sales price and the amount of sales tax on sales. If the sales tax
A retail store credited the Sales Revenue account for the sales price and the amount of sales tax on sales. If the sales tax rate is 5% and the balance in the Sales Revenue account amounted to $273,000, what is the amount of the sales taxes owed to the taxing agency? $260,000 $273,000 $13,650 $13,000
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