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Cash Receipts Transactions Account: Sales Tax Payable 7. Cash sales for the week were $3,160 plus tax. Bank credit card sales for the week were

Cash Receipts Transactions

Account: Sales Tax Payable

7. Cash sales for the week were $3,160 plus tax. Bank credit card sales for the week were $1,000 plus tax. Bank credit card fee is 3%. The sales tax is 6%.

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