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Jim's Pharmacy has collected $ 6 0 0 in sales taxes during March. If sales taxes must be remitted to the state government monthly, what
Jim's Pharmacy has collected $ in sales taxes during March. If sales taxes must be remitted to the state government monthly, what entry will Jim's Pharmacy make to show the March remittance? Debit Sales Tax Expense ; Credit Cash Debit Sales Taxes Payable ; Credit Cash Debit Sales Taxes Payable ; Credit Sales Tax Expense Credit Sales Taxes Payable ; Debit Cash
Jim's Pharmacy has collected $ in sales taxes during March. If sales taxes must be remitted to the state government monthly, what entry will Jim's Pharmacy make to show the March remittance?
Debit Sales Tax Expense ; Credit Cash
Debit Sales Taxes Payable ; Credit Cash
Debit Sales Taxes Payable ; Credit Sales Tax Expense
Credit Sales Taxes Payable ; Debit Cash
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