Business, 05.08.2020 05:01, madisonanders

Stine Co. is a retail store operating in a state with a 6% retail sales tax. The retailer may keep 2% of the sales tax collected. Stine Co. records the sales tax in the Sales account. The amount recorded in the Sales account during May was $148,400.

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Stine Co. is a retail store operating in a state with a 6% retail sales tax. The retailer may keep 2...