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1. Dillons Corporation made credit sales of $30,000 which are subject to 6% sales tax. The corporation also made cash sales which totaled $20,670 including the 6% sales tax.
(a) Prepare the entry to record Dillons' credit sales.
(b) Prepare the entry to record Dillons' cash sales.
What was the amount of Raw Materials used during this quarter?
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Accountability, Transparency and Citizen Engagement in Government Financial Reporting-what governments and government officials are doing to improve accountability and transparency with citizens and stakeholders?
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Characterize each of the following goods and services in terms of their price elasticity of demand. In so doing, indicate whether a steeply sloped (vertical) and relatively inelastic demand curve
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