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  • 15-04-2024
  • Business
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Journalize the entries to record the following selected transactions. Sold $426,000 of merchandise on account, subject to a sales tax of 8%. The cost of the goods sold was $251,340. Find-
a. Accounts Receivable
b. Sales
c. Sales Tax Payable
d. Cost of Goods Sold
e. Inventory

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