Carolina furniture world is required by law to collect and, Financial Accounting

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Carolina furniture world is required by law to collect and

Carolina Furniture World is required by law to collect and remit sales taxes to the state. If Furniture World has $78,000 of cash sales that are subject to a 6% sales tax and a gross margin percentage of 40%, what are the journal entries to record the sales?

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Financial Accounting: Carolina furniture world is required by law to collect and

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Financial Accounting: Carolina furniture world is required by law to collect and

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