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What is the amount of the sale

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Reference no: EM132934805

Question - A sale of merchandise on account for $17,350, terms n/30, is subject to an 6% sales tax.

a. At the time of sale should the sales tax be recorded at the time of sale or when payment is received?

b. What is the amount of the sale?

c. What is the amount of the increase to Accounts Receivable?

Reference no: EM132934805

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