Eister auto supply does not segregate sales and sales taxes, Ask an Expert

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eister Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $15,540. All sales are subject to a 5% sales tax. Compute sales taxes payable, and make the entry to record sales taxes payable and sales.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M969954

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