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Crane Company had cash sales of $86,238 (including taxes) for the month of June. Sales are subject to 8.00% sales tax. Prepare the entry to

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Crane Company had cash sales of $86,238 (including taxes) for the month of June. Sales are subject to 8.00% sales tax. Prepare the entry to record the sales. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Cash 86238 Sales Revenue 86238 Sales Taxes Payable 6898.8

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