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Question 14 4.5 pts On 1/1, the beginning balance in sales tax payable is a $20,000 credit. On 1/15, a $15,000 cash payment is made

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Question 14 4.5 pts On 1/1, the beginning balance in sales tax payable is a $20,000 credit. On 1/15, a $15,000 cash payment is made to the governing authority for the sales taxes collected, which results in which of the following: Assets increase and stockholders' equity decrease. Assets decrease and liabilities decrease. Assets decrease and expenses increase. Assets decrease and stockholders' equity increase. Assets increase and liabilities decrease. Assets decrease and expenses decrease. Question 15 4.5 pts Region Jet has a $140,000,000 long-term note payable as of December 31, 2020, of which $20,000,000 million is payable in 2021. In its December 31, 2020 balance sheet, the current portion long-term debt account would show what balance? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123

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