302 (CHAP. 13 CURRENT LIABILITIES 13.25 Company V sold goods on which it charged a 5% sales tax and included the entire
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302 (CHAP. 13 CURRENT LIABILITIES 13.25 Company V sold goods on which it charged a 5% sales tax and included the entire
302 (CHAP. 13 CURRENT LIABILITIES 13.25 Company V sold goods on which it charged a 5% sales tax and included the entire amount received in the sales account. Its entry was: Cash 525 Sales 525 Prepare an adjusting entry.
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