Examlex
Which of the following is an example of odd pricing?
Sales Taxes Payable
The liability account used to record the sales tax collected from customers by a seller, which is due to be paid to the government.
Cash Sales
Transactions in which goods or services are paid for and received at the time of the sale, using cash or equivalent.
Sales Taxes
Taxes imposed by governments on the sale of goods and services.
Journal Entry
A record in accounting that notes transactions and changes in financial statements.
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