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Business, 25.02.2020 04:01 staxeeyy767

Sale of merchandise on account for $36,000 is subject to an 8% sales tax. a. Should the sales tax be recorded at the time of sale or when payment is received? b. What is the amount recorded as sales? $ c. What is the amount debited to Accounts Receivable? $ d. What is the title of the account to which the $2,880 ($36,000 × 8%) is credited?

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