A business sold some inventory on credit for $5,000 before taxesand 7% provincial sales tax (PST) . The business uses a perpetual inventory system. What is the amount of the accounts receivable that wasrecorded as a result of this sale?
A) $5,300
B) $5,350
C) $5,600
D) $5,000
E) None of these answers is correct.
Correct Answer:
Verified
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