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Julie Convenience Store sold merchandise for cash to a customer, and recorded a debit to...

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Question

Accounting

Julie Convenience Store sold merchandise for cash to a customer, and recorded a debit to Cash for $371, which included a 6% Sales tax. In the same transaction, they must also:

A) credit Sales Revenue for 300

B) credit Sales Tax Payable for $22.26

C) credit Sales Tax Payable for $21

D) credit Sales Revenue for $371

E) credit Sales Revenue for $393.26

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