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Business, 31.05.2020 04:59 furryartist554

During the month of June, Whispering Boutique recorded cash sales of $302,810 and credit sales of $130,219, both of which include the 7% sales tax that must be remitted to the state by July 15. Prepare the adjusting entry that should be recorded to fairly present the June 30 financial statements.

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During the month of June, Whispering Boutique recorded cash sales of $302,810 and credit sales of $1...
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