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6 Cantrell Company is required by law to collect and remit sales taxes to the state. If Cantrell has $13,000 of cash sales that are
6 Cantrell Company is required by law to collect and remit sales taxes to the state. If Cantrell has $13,000 of cash sales that are subject to an 8% sales tax what is the journal entry to record the cash sales? 5 Multiple Choice 00 Debit Cash $3.000, credit Sses $11960, credit Sales Taxes Payable 51000 O Outi Sales Toes Payable 54040, de Can It credit $13,000 Debit Cash S040.creat Sale $13.000, 1040 Debt Can 50,000 credit ses $19.000. a record toes when Debit Accounts receivable SMD Credit Sales $13.000 los Payable 1000
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