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A Company Receives $261, of Which $21 Is for Sales

Question 247

Multiple Choice

A company receives $261, of which $21 is for sales tax. The journal entry to record the sale would include a

A) debit to Sales Taxes Expense for $21.
B) debit to Sales Taxes Payable for $21.
C) debit to Sales Revenue for $261.
D) debit to Cash for $261.

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