Question
Which of the following statements about sales tax is/are true? (1) Sales tax is an expense to the ultimate consumer of the goods purchased (2)
Which of the following statements about sales tax is/are true? (1) Sales tax is an expense to the ultimate consumer of the goods purchased (2) Sales tax is recorded as income in the accounts of the entity selling the goods A 1 only B 2 only C Both 1 and 2 D Neither 1 nor 2
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Practical Financial Management
Authors: William R. Lasher
6th Edition
1439080496, 978-1439080498
