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Question 2 following questions. Your roommate says, Sales taxes are reported a an expense in the income statement. Do you agree? SHOW LIST F ACCOUNTS

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Question 2 following questions. Your roommate says, "Sales taxes are reported a an expense in the income statement." Do you agree? SHOW LIST F ACCOUNTS entered. Do not indent manually.) Jensen Company has cash proceeds from sales of $8,400. This amount includes $400 of sales taxes. Give the entry to record the proceeds. (Credit account titles are automatically indented when the amount ACCOunt Titles and Explanation Credit Debil

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