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Question 39 2 pts TLH company receives $950 for merchandise sold to a consumer of which $50 Is for sales tax. The $50 of sales

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Question 39 2 pts TLH company receives $950 for merchandise sold to a consumer of which $50 Is for sales tax. The $50 of sales tax: O Increases current liabilities. O Increases sales revenue. O Increases selling expenses. O is not recorded until it is forwarded to the state government

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