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Exercise 9.4A Recognizing sales tax payable LO 9-2 The following selected transactions apply to Topeca...

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Exercise 9.4A Recognizing sales tax payable LO 9-2 The following selected transactions apply to Topeca Supply for November and December Year 1. November was the first month of operations. Sales tax is collected at the time of sale but is not paid to the state sales tax agency until the following month. Exercise 9.4A Recognizing sales tax payable LO 9-2 The following selected transactions apply to Topeca Supply for November and December Year 1. November was the first month of operations. Sales tax is collected at the time of sale but is not paid to the state sales tax agency until the following month

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