39 (1 point) ~ Saved In May, a retailer recorded credit sales of $14,000. Assuming the sales...

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39 (1 point) ~ Saved In May, a retailer recorded credit sales of $14,000. Assuming the sales tax rate is 8 percent, the entry to record the sales in the sales journal would include: a debit to Accounts Receivable of $15,120. a debit to Sales Tax Payable of $1,120. a credit to Accounts Receivable of $15,120. a credit to Sales of $15,120

Posted Date: May 18, 2024 11:10 PM

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39 (1 point) ~ Saved In May, a retailer recorded credit sales of $14,000. Assuming the sales...

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