Business, 10.03.2020 23:56 sophiaa23

Journalize the entries to record the following selected transactions:

Sold $62,800 of merchandise on account, subject to a sales tax of 5%. The cost of the merchandise sold was $37,500.

Paid $39,650 to the state sales tax department for taxes collected

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Journalize the entries to record the following selected transactions:

Sold $62,800 of me...

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