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Mike's Pharmacy sold inventory with a selling price of$2,800 to customers for cash. They also collected sales taxes of$500. The journal entry to record this
Mike's Pharmacy sold inventory with a selling price of$2,800 to customers for cash. They also collected sales taxes of$500. The journal entry to record this information includesa:
A.
debit to Sales Tax Payable$500.
B.
credit to Sales$3,300.
C.
debit to Cash of$3,300.
D.
debit to Sales Tax Expense$500.
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