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Merchandise is sold for cash. The sening price of the merchandises $1.300 and the sale is subject to a 7 state sales tac The Journal

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Merchandise is sold for cash. The sening price of the merchandises $1.300 and the sale is subject to a 7 state sales tac The Journal entry to record the sale would indude a credit to O Cash for $1.100 Ob. Sales for $1.291 Oc Sales Tax Payable for $91 Od, Cash for $1.391

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