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Your roommate says, Sales taxes are reported as an expense in the income statement. State whether this statement is true or false. eTextbook and Media

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Your roommate says, "Sales taxes are reported as an expense in the income statement." State whether this statement is true or false. eTextbook and Media Solution List of Accounts Attempts: 1 of 1 use b) Sandhill Company has cash proceeds from sales of $8,250. This amount includes $410 of sales taxes. Give the entry to record the proceeds. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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