Journalize the entries for the following selected transactions: a. Sold $900 of merchandise on account,...
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Accounting
Journalize the entries for the following selected transactions: a. Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the goods sold was $510. b. Paid $436 to the state sales tax department for taxes collected. If an amount box does not require an entry, leave it blank
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