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What is the journal entry that krazy kids would make

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Question - Krazy kids has a grand opening sale on April 1st and sells merchandise to a customer for $1,000 and collects an additional 10% sales tax. The customer pays cash. In looking at the inventory records, the inventory sold had a cost of $200. What is the journal entry that Krazy Kids would make to record the sale?

Reference no: EM133064776

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