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journalize the entries to record the following selected transactions. March 1 sold $61,700 of merchandise on account, subject to a sales tax of 6%. the
journalize the entries to record the following selected transactions. March 1 sold $61,700 of merchandise on account, subject to a sales tax of 6%. the cost of merchandise sold was $38,720. March 23 paid $40,670 to the state sales tax department for taxes collected
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