The sales tax on a credit sale is not collected from the customer immediately. When is this

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The sales tax on a credit sale is not collected from the customer immediately. When is this tax usually entered in a firm's accounting records? What account is used to record this tax?

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College Accounting A Contemporary Approach

ISBN: 978-0077639730

3rd edition

Authors: David Haddock, John Price, Michael Farina

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Question Posted: May 25, 2016 04:28 AM

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The sales tax on a credit sale is not collected from the customer immediately. When is this

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