Question: please answer 20 min left & Moving to another question will save this response. WEER 1 points uestion 2 Manama Trading has $8,000 of cash
& Moving to another question will save this response. WEER 1 points uestion 2 Manama Trading has $8,000 of cash sales that are subject to an additional 8% sales tax, what is the journal entry to record the cash sales in the company toks? O A. Debit Cash $8,000 credit Sales $ 7,360, credit Sales Taxes Payable $ 640. OB. Debit Cash $8,640: credit Sales $ 8,000; credit Sales Taxes Payable $ 640. OC, Debit Cash $ 8,000, credit Sales $ 8,000, and record the taxes when paid. O D. Debit Sales Taxes Payable $ 640; debit Cash $ 7,360; credit Sales $ 8,000. A Moving to another question will save this response. ASUS VivoBook
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
