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Merchandise is sold for cash. The selling price of the record the sale would include a credit to merchandise is s6.000 and the sale is

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Merchandise is sold for cash. The selling price of the record the sale would include a credit to merchandise is s6.000 and the sale is subject to a 7% state sales tax. The journal entry to Sales for $6,420 Sales Tax Payable for $420 Cash for $6,000 Sales for $5,580

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