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For a Sale on Account of $1,000

Question 13

Multiple Choice

For a sale on account of $1,000.00 plus sales tax of $80.00, the amount recorded in the Accounts Receivable amount column of a sales journal is


A) $1,080. 00.
B) $1,000. 00.
C) $920. 00.
D) $80. 00.

Correct Answer:

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