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Carla Vista Industries has total sales of $132000 and sales taxes collected totaling $9240 based on a 7% tax rate during June. Carla Vista
Carla Vista Industries has total sales of $132000 and sales taxes collected totaling $9240 based on a 7% tax rate during June. Carla Vista submitted $5100 of the taxes to the State before the end of June. Which one of the following will be reported on Carla Vista's financial statements at the end of June? Sales Taxes Payable for $4140 Sales for $141240 O Net sales for $136140 Sales Tax Expense for $9240
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