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Compute and record sales taxes payable. (LO_L) Coghlan Auto Supply does not segregate sales and sales taxes at the time of sale. The register total

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Compute and record sales taxes payable. (LO_L) Coghlan Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $16, 380. All sales are subject to a 5% sales tax. Compute sales taxes payable, and make the entry to record sales taxes payable and sales revenue

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Cima Official Exam Practice Kit Financial Accounting And Tax Principles 2008 Edition

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