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ion 33 The amount of sales tax collected by a retail store when making sales is et ered ed out of lag question Select one:
ion 33 The amount of sales tax collected by a retail store when making sales is et ered ed out of lag question Select one: o a. a current liability. b. recorded as an operating expense. C. The answer does not exist 0 d. miscellaneous revenue for the store. e. not recorded because it is a tax paid by the customer. ion 34 t Ahmad company purchased factory equipment on April 1, 2017 for $160,000. It is estimated that the equipment will have a $20,000 salvage value at the end of its 10-year usefu life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2017 is red d out of Select one: ag question a. The answer does not exist b. $14,000. C. $16,000 d. $12,000. e. $10,500
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