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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Describe the transaction recorded.
Cash | |
593.60 | |
Sales Tax Payable | |
44.80 | |
Sales | |
560.00 | |
Credit Card Expense |
|
11.20 | |
(Select all your answers.)
Sold merchandise for cash, plus sales tax.
Purchased goods plus freight.
Company deposited cash from the sale.
Customer paid by bank credit card.
Discount charged by bank to the seller.
Interest credited by the bank.
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