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Figure 52-2
Refer to the accompanying figure. In this sequence of events, the bell is serving as:
Sales Taxes
Taxes imposed on sales of goods and services that are generally paid by the consumer.
Manage Sales Tax
The process of calculating, collecting, reporting, and paying taxes on sales transactions to the appropriate tax authorities.
Purchase Orders
Official documents sent by a buyer to a seller specifying products, quantities, and agreed prices for products or services.
Cash Purchases
Transactions where goods or services are paid for with cash at the point of sale, without utilizing credit.
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