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Q Merchandise is sold for cash. The selling price of the merchandise is $3000 and the sale is subject to a 7% state sales tax. The journal entry to record the sale would include...

a. A debit to Cash for $3,000.
b. A credit to Sales for $3,210.
c. A credit to Sales Tax Payable for $210.
d. None of the above.
posted an answer
A Dear Student,...
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    Merchandiseissoldforcash.Thesellingpriceofthemerchandiseis$3000andthe... Show more