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At the time of the transaction when the company remits the sales tax to the state, is the company incurring an expense on the income
At the time of the transaction when the company remits the sales tax to the state, is the company incurring an expense on the income statement? Why or why not?
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Financial Accounting
Authors: Walter B. Meigs, A. N. Mosich, Robert F. Meigs
2nd Edition
0070412901, 978-0070412903
