debit Interest Expense for $6,000 and credit Notes Payable for $6,000. Question 3 (Mandatory) (3 points) A company receives $95 for merchandise sold to a consumer, of which $5 is for sales tax. The $5 of sales tax: none of the answers are acceptable. increases current liabilities. increases sales revenue. increases selling expenses. Question 4 (Mandatory) (3 points) Comox Candies has gross salaries are $12,000, and it withholds $1,600 for income taxes and $700 for Employment Insurance and other deductions, the journal entry to record the employees' pay should include a