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Figure 29.2
Use Figure 29.2 to answer the following:
-Is the trait sex-linked?
Sales Tax Payable
The amount of sales tax collected from customers that a business owes to the government.
Sales Tax
A tax imposed by a government on the sale of goods and services.
List Price
The manufacturer's suggested retail price of a product before any discounts or allowances.
Purchases Discount
A reduction in the amount payable by a buyer to a seller, if the payment on the purchase is made within a specified period.
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