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Prepare the entry to record bridgeport cash sales

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Reference no: EM132639465

Question - Bridgeport Corporation made credit sales of $30,600 which are subject to 5% sales tax. The corporation also made cash sales which totaled $19,635 including the 5% sales tax.

Required -

1. Prepare the entry to record Bridgeport's credit sales.

2. Prepare the entry to record Bridgeport's cash sales.

Reference no: EM132639465

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