Question: Moving to another question will save this response. Question 9 of 12 Save Answer Question 9 1 points Seef trading Company is required by low

Moving to another question will save this response. Question 9 of 12 Save Answer Question 9 1 points Seef trading Company is required by low to collect and remit sales taxes to the government. If the company has 58.000 of cash sales that are subject to an 8 sales tax, what is the journal entry to record the cash sales? A Debit Cash 58.000 credit Sales 57.366. credit Sales Taxes Payable 5540 B. Debit Cash 58.640 credit Sales 58.000 credit Sales Taxes Payable 5 640 c. Debit Sales Taxes Payable 3540debit Cash $ 7,360 Credit Sales $8.000. D. Debit Cash $ 8.000 credit Sales 50.000 and record the taxes when paid

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