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Clean Out Clutter Is Located in a State Where the Sales

Question 159

Essay

Clean Out Clutter is located in a state where the sales tax is 7 1/4%.Total sales for the month of February were $104,000,all of which were subject to sales tax.
a.Prepare a journal entry that summarizes sales (all in cash)for the month.
b.Prepare a journal entry regarding the disbursement for the sales tax.

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