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On its Stores, Alkhaleej Inc. has sales of $1000, 00 and the sales tax was 5%. Record the appropriate transaction to record sales revenue and
On its Stores, Alkhaleej Inc. has sales of $1000, 00 and the sales tax was 5%. Record the appropriate transaction to record sales revenue and sales tax collections which are collected on behalf of the government. Prepare the required journal entry
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The transaction to record the sales revenue and sales tax collec...
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