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On March 25, Osgood Company sold merchandise on account, $1,200, terms 1/30. The applicable sales tax percentage is 8%. Record the transaction. If an amount

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On March 25, Osgood Company sold merchandise on account, $1,200, terms 1/30. The applicable sales tax percentage is 8%. Record the transaction. If an amount box does not require an entry, leave it blank. Mar. 25 Accounts Receivable Sales Sales Tax Payable X X

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