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Testbank Multiple Choice Question 100 Concord Co. is a retail store operating in a state with a 7% retail sales tax. The retailer may keep

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Testbank Multiple Choice Question 100 Concord Co. is a retail store operating in a state with a 7% retail sales tax. The retailer may keep 2% of the sales tax collected. Concord Co. records the sales tax in the Sales Revenue account. The amount recorded in the sales Revenue account during May was $741510. The amount of sales taxes to the nearest dollar) for May is $ 67053 $61446 $ 51907 $ 48510 Click if you would like to Show Work for this question: Open Show Work

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