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In 2025, Pharoah Manufacturing Corporation has plant equipment that originally cost $125000 and has accumulated depreciation of $45000. A new processing technique has rendered the equipment obsolete, so it is retired. Which of the following entries should the company use to record the retirement of the equipment? A retail store credited the Sales Revenue account for the sales price and the amount of sales tax on sales. If the sales tax rate is 5% and the balance in the Sales Revenue account amounted to $525000, what is the amount of the sales taxes owed to the tax agency? $25000$500000$525000$26250 Question 8 of 20 View Policies Current Attempt in Progress On January 1, 2025, Crane Supply Company, a calendar-year company, issued $820000 of notes payable, of which $205000 is due on January 1 for each of the next four years. The proper balance sheet presentation on December 31,2025 is ChatGPT To determir attributable the land 1. Purchase Long-term debt, $820000. 2. Property Current liabilities, $820000. 3. Title and Current liabilities, \$615000; Long-term Debt, \$205000. 4. Grading Current liabilities, \$205000; Long-term Debt, $615000. Now, cal Total Title : Carla Vista Bookstore has collected $940 in sales taxes during April. If sales taxes must be remitted to the state government monthly, what entry will Carla Vista Bookstore make to show the April remittance? Sales Tax Expense 940 Sales Taxes Payable 940 No entry required. Suppose that Crane issues 4200,12 -year, 10%,$1000 bonds dated January 1, 2025 at 96 . The journal entry to record the issuance of the bonds will include a debit to Cash of $4200000. credit to Cash for $4032000. debit to Discount on Bonds Payable for $168000. credit to Bonds Payable for $4032000