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Sales Tax Payable
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Sales Tax Payable
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9. Current Liabilities / Sales Tax Payable / Problem 1
Problem 1
If a company has \$150,000 in sales and the sales tax rate is 6%, what is the sales tax payable?
A
\$7,500
B
\$10,000
C
\$8,500
D
\$9,000
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