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7 Manama Trading has $ 8,000 of cash sales that are subject to an additional 8% sales tax, what is the journal entry to record
7 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 books? O A. Debit Cash $ 8,640, credit Sales $ 8,000; credit Sales Taxes Payable $ 640 O B. Debit Sales Taxes Payable $ 640, debit Cash $ 7,360; credit Sales $ 8,000. OC. Debit Cash $8,000; credit Sales $ 8,000, and record the taxes when paid. O D. Debit Cash $ 8,000; credit Sales $ 7,360; credit Sales Taxes Payable $ 640
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