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Question 11 Tax authorities in the state your company is headquartered require sellers to collect sales tax from consumers and then transfer it to
Question 11 Tax authorities in the state your company is headquartered require sellers to collect sales tax from consumers and then transfer it to designated government tax offices. Which of the following are associated with accounting for sales tax on sales made to distributors? Select all answers that apply (choose among the 5 answers available) CREDIT "sales tax payable" account (with value of sales tax) DEBIT "accounts receivable" account (with amount inclusive of sales tax) DEBIT "sales" account (with amount exclusive of sales tax) CREDIT "sales" account (with amount exclusive of sales tax) DEBIT "accounts receivable" account (with amount exclusive of sales tax)
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