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Urgent help on accounting homework please? Clean Out Clutter is located in a state where the sales tax is 7 1/4%. Total sales for the
Urgent help on accounting homework please?
Clean Out Clutter is located in a state where the sales tax is 7 1/4%. Total sales for the month of February were $104,000, all of which were subject to sales tax.
a.) Prepare a journal entry that summarizes sales (all in cash) for the month.
b.) Prepare a journal entry regarding the disbursement for the sales tax.
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