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Taos Company sold goods to a customer for $100 and collected $7.50 in sales taxes. What type of transaction is the collection of the sales
Taos Company sold goods to a customer for $100 and collected $7.50 in sales taxes. What type of transaction is the collection of the sales tax?
Select one:
a. Asset use transaction
b. Claims exchange transaction
c. Asset exchange transaction
d. Asset source transaction
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