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what the right answer? Big Town Retailers operates in Florida and collects sales taxes from customers on all purchases. Howshould these sales taxes be reported
what the right answer?
Big Town Retailers operates in Florida and collects sales taxes from customers on all purchases. Howshould these sales taxes be reported when collected? a. As an expense on the income statement in. As sales revenue along with the selling price of the items sold c. As unearned revenues :1. As a current liability until paid to the State of FloridaStep by Step Solution
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