Quiz Ch 08 – Journal Entry for Remitting Sales Taxes

Financial Accounting

Thomas, Tietz, and Harrison

12th Edition

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Which journal entry is prepared when sales taxes collected from customers are sent to the state at the end of each month?

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  • Search Terms: accounts and are at cash cash d) collected credit customers debit each end entry from is journal month. of payable prepared? a) receivable sales sales b) sales c) sent state tax taxes the to what
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