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Question 7 (1 point) A business sold some inventory on credit for $5,000 before taxes. The sale is subject to 5% goods and services tax

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Question 7 (1 point) A business sold some inventory on credit for $5,000 before taxes. The sale is subject to 5% goods and services tax (GST) and 7% provincial sales tax (PST). The business uses a perpetual inventory system. What is the amount of the accounts receivable that was recorded as a result of this sale? 11000 $5.000 15.300 55,250

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