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Crawford Company Has Total Proceeds (Before Segregation of Sales Taxes)

Question 14

Multiple Choice

Crawford Company has total proceeds (before segregation of sales taxes) from sales of $7,155. If the sales tax is 6%, the amount to be credited to the account Sales Revenue is:


A) $7,155.
B) $6,726.
C) $7,584.
D) $6,750.

Correct Answer:

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