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On Deck Sports Memorabilia Store Sells a Babe Ruth Rookie

Question 84

Multiple Choice

On Deck Sports Memorabilia store sells a Babe Ruth rookie card for $10,500 on account. If the sales tax on the sale is 7%, what is the amount debited to Accounts Receivable.


A) $11,000
B) $10,500
C) $11,235
D) $9,765

Correct Answer:

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