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b) Make the entry to record sales taxes payable and sales. (List all debit entries before credit entries. Credit occount titles are automatically indented when
b) Make the entry to record sales taxes payable and sales. (List all debit entries before credit entries. Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)
Larkspur Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $9,660. All sales are subject to a 5% sales tax. (a1) Compute sales taxes payable. Sales taxes payable $Step by Step Solution
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