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Archie's Had Sales of $6,758

Question 22

Multiple Choice

Archie's had sales of $6,758. The state sales tax rate is 7%. All sales are cash. What amount will be credited to Sales revenue?


A) $6,758.00
B) $7,231.06
C) $ 473.06
D) Sales revenue will be debited and not credited.

Correct Answer:

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