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read carefully and answer in format shown Exercise 13-05 During the month of June, Splish Boutique recorded cash sales of $203,520 and credit sales of
read carefully and answer in format shown
Exercise 13-05 During the month of June, Splish Boutique recorded cash sales of $203,520 and credit sales of $123,914, both of which include the 6% sales tax that must be remitted to the state by July 15. Prepare the adjusting entry that should be recorded to fairly present the June 30 financial statements. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation June 30 Debit Credit Step by Step Solution
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