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Merchandise is sold for cash. The selling price of the merchandise is $4,300 and the sale is subject to a 4% state sales tax. The

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Merchandise is sold for cash. The selling price of the merchandise is $4,300 and the sale is subject to a 4% state sales tax. The journal entry to record the sale would include a credit to a. Cash for $4,472 b. Cash for $4,300 c. Sales Tax Payable for $172 d. Sales for $4,472

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