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Show all work please!!!! 4. Company sold $400.00 worth of merchandise. The sales tax on the merchandise was 8%, and the customer paid in cash.

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Show all work please!!!!

4. Company sold $400.00 worth of merchandise. The sales tax on the merchandise was 8%, and the customer paid in cash. Prepare the proper journal entry to record this sale. [10 points] Account Name Debit Credit

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