Question: A Moving to another question will save this response Question 9 of 12 ) aestion 9 1 points Save Answer Seef trading Company is required
A Moving to another question will save this response Question 9 of 12 ) aestion 9 1 points Save Answer Seef trading Company is required by law to collect and remit sales taxes to the government of the company has $8,000 of cash sales that are subject to an 8% sales tax, what is the journal entry to record the cash sales? A Debit Cash $8.000, credit Sales 57.360 Credit Sales Taxes Payable 5 640. 8. Debit Cash $8.640 credit Sales 58,000 credit Sales Taxes Payable 5 640. C. Debit Sales Taxes Payable 5 640: debit Cash $ 7.360credit Sales $ 3.000 D. Debit Cash 58.000: Credit Sales 58.000: and record the tases when paid
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