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    College Accounting Study Set 2
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    Exam 9: Sales and Cash Receipts
  5. Question
    Sales Tax Payable Is A
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Sales Tax Payable Is A

Question 85

Question 85

Multiple Choice

Sales Tax Payable is a:


A) liability account with a debit balance.
B) liability account with a credit balance.
C) contra-asset account with a debit balance.
D) contra-asset account with a credit balance.

Correct Answer:

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