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Prepare the entry to record dillons credit sales

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Reference no: EM13512427

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.

Reference no: EM13512427

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