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

Question 29

Multiple Choice

Crawford Company has total proceeds (before segregation of sales taxes) from sales of $4,770. If the sales tax is 6%, the amount to be credited to the account Sales is:


A) $4,770.
B) $4,484.
C) $5,056.
D) $4,500.

Correct Answer:

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