Speedo sales credits all amounts received from customers to its Sales account. The monthly receipts were $773,000. This amount included a 7% state sales tax. The amount of the sales tax payable to this state is:

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The Answer of Speedo sales credits all amounts received from customers to its Sales account. The monthly receipts were $773,000. This amount included a 7% state sales tax. The amount of the sales tax payable to this state is:

Speedo Sales Credits All Amounts Received from Customers to Its