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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 rate

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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 rate is 5% and the balance in the Sales Revenue account amounted to $409500, what is the amount of the sales taxes owed to the taxing agency? O $20475 $19500 $390000 $409500

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