Action Co. operates in a province with a 13% HST. For the month of August,...
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Accounting
Action Co. operates in a province with a 13% HST. For the month of August, Action recorded $160,000 in revenues from the sale of goods to customers, 40% of which were cash sales. Assuming that Action's credit policy is 30 days on account, what is the total debit to accounts receivable for the month of September? $72,320 $180,800 $96,000 $108,480
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