Question: Which statement about sales tax payable is correct? a.) It is the tax the company pays on its income. b.) It is the tax the

Which statement about sales tax payable is correct?

a.) It is the tax the company pays on its income.

b.) It is the tax the company must deduct from employee salaries.

c.) It is the tax owed to the company, collected from customers at the time of sale.

d.) It is the tax owed to the state, collected from customers at the time of sale.

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