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Big Town Retailers operates in Florida and collects sales taxes from customers on all purchases. How should these sales taxes be reported when collected? a.

Big Town Retailers operates in Florida and collects sales taxes from customers on all purchases. How should these sales taxes be reported when collected?

a. As unearned revenues

b. As sales revenue along with the selling price of the items sold

c. As an expense on the income statement

d. As a current liability until paid to the State of Florida

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