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Journalize the entries to record the following selected transactions: (a) Sold $ 2,000 of merchandise on account, subject to 6.25% sales tax. The cost of

Journalize the entries to record the following selected transactions:

(a)

Sold $ 2,000 of merchandise on account, subject to 6.25% sales tax. The cost of the merchandise sold was $ 1,500.

(b)

Paid $ 120 to the state sales tax department for taxes collected.

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