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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
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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