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Ch9 Accounting for current liabilities C2: Identify and describe known current liabilities. Knowledge Check 02 On February 28, the Jewelry store remits $975 of sales

Ch9 Accounting for current liabilities

C2: Identify and describe known current liabilities.

Knowledge Check 02

On February 28, the Jewelry store remits $975 of sales tax collected from its customers to the government. Prepare the February 28 journal entry for the Jewelry store by selecting the account names and dollar amounts from the drop-down menus.

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