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Cash from Investing Activities is: 1. +$12,000 2. +$47.000 3. ($10,000) 4. +$68,000 H O2 0 4 A company receives $50 cash from sales, of
Cash from Investing Activities is: 1. +$12,000 2. +$47.000 3. ($10,000) 4. +$68,000 H O2 0 4 A company receives $50 cash from sales, of which $6 is for sales tax. The journal entry to record the sale would include a 1. debit to Sales Tax Expense for $6. 2. credit to Sales Tax Payable for $6. 3. credit to Cash for $50. 4. debit to Cash for $44. 0 1 2
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