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    Principles of Accounting Study Set 1
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    Exam 11: Current Liabilities and Fair Value Accounting
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    A Company Receives $360 for a Sale,of Which $20 Is
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A Company Receives $360 for a Sale,of Which $20 Is

Question 43

Question 43

Multiple Choice

A company receives $360 for a sale,of which $20 is for sales tax.The journal entry to record the sale is:


A)
A company receives $360 for a sale,of which $20 is for sales tax.The journal entry to record the sale is: A)    B)    C)    D)
B)
A company receives $360 for a sale,of which $20 is for sales tax.The journal entry to record the sale is: A)    B)    C)    D)
C)
A company receives $360 for a sale,of which $20 is for sales tax.The journal entry to record the sale is: A)    B)    C)    D)
D)
A company receives $360 for a sale,of which $20 is for sales tax.The journal entry to record the sale is: A)    B)    C)    D)

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