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Don's Pharmacy Has Collected $900 in Sales Taxes During March

Question 90

Multiple Choice

Don's Pharmacy has collected $900 in sales taxes during March.If sales taxes must be remitted to the state government monthly recording this information includes a(n)


A) Increase to Sales Tax Expense and a decrease to Cash for $900.
B) Decrease to Sales Taxes Payable and to Cash for $900.
C) Increase to Sales Tax Expense and to Sales Taxes Payable for $ 900.
D) No recording required.

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