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K Spillway Company sold inventory with a selling price of $4,700 to customers for cash. It also colected sales taxes of $235. The journal entry
K Spillway Company sold inventory with a selling price of $4,700 to customers for cash. It also colected sales taxes of $235. The journal entry to record this information includes a A. debit to Cash of $4,935. B. debit Sales Tax Payable $235. C. credit to Sales Revenue $4,935. O D. credit to Sales Tax Expense $235. O
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Inside Company Valuation
Authors: Angelo Corelli
1st Edition
3319537822, 9783319537825
