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Match the terms in Column I with the definitions in Column II. - A. B. C. D. E. cash sales - A. B. C. D.
Match the terms in Column I with the definitions in Column II. - A. B. C. D. E. cash sales - A. B. C. D. E. sales on account - A. B. C. D. E. sale of asset - A. B. C. D. E. sales tax - A. B. C. D. E. accounts receivable Answer A. debit cash account, credit sales account B. assets C. debit cash account, credit asset account D. liability E. debit accounts receivable (subsidiary), credit sales
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