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QUESTION
Explain why the account Sales Tax Payable is credited when a sale is made subject to a sales tax?
Explain why the account Sales Tax Payable is credited when a sale is made subject to a sales tax?
Essay of 350-500 words. (Introduction, body and conclusion)
Name1 NameProfessorClassDateReasons Why Account Sales Tax Payable Is creditedWhen a Sale is Made Subject to a Sales TaxSales taxes payable refers to a liability account in which is stored the...