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harra harra
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6 years ago
Which of the following is true concerning accounting for sales tax in the sales journal?
A) Sales tax payable is credited each time a sale is recorded.
B) Sales tax payable is debited each time a sale is recorded.
C) Sales tax receivable is debited each time a sale is recorded.
D) Sales tax receivable is credited each time a sale is recorded.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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raovatallpyraovatallpy
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6 years ago
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