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In May, a retailer recorded credit sales of $14,500. Assuming the sales tax rate is...

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Accounting

In May, a retailer recorded credit sales of $14,500. Assuming the sales tax rate is 8 percent, the entry to record the sales in the sales journal would include:

a). a credit to Accounts Receivable of $15,660.

b). a debit to Accounts Receivable of $15,660.

c). a credit to Sales of $15,660.

d). a debit to Sales Tax Payable of $ 1,160.

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