Which 2 statements are correct regarding adjusting sales tax on a return?

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asked May 16, 2022 14.3k views

1 Answer

Ben Dolman · Answer 1 · 2022-05-20T15:11:34+0000

Answer:

penalties should post to a contra-income account interest charged should post to a payable account, and early payment discount (credit) should post to an income account.

Explanation:

Which 2 statements are correct regarding adjusting sales tax on a return?

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