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Wu , Inc. sold merchandise costing $ 3 , 0 0 0 for $ 5 , 3 0 0 , including sales taxes at the

Wu, Inc. sold merchandise costing $3,000 for $5,300, including sales taxes at the rate of 6.25% during the week ended May 3,2024. Of the total sales made during this week, were in cash, and the remainder were on credit.
Required:
Provide all of the journal entries needed to account for the sales made in the week.

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