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For a Retailer Required to Collect Sales Taxes from Customers

Question 141

Multiple Choice

For a retailer required to collect sales taxes from customers, all of the following adaptations would be made to the sales journal except:


A) Column totals would continue to be posted as usual.
B) A Sales Taxes Payable credit column would be added.
C) There would be a separate Accounts Receivable debit column.
D) A Sales Taxes Payable debit column would be added.
E) There would be a separate Sales credit column.

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