Assume a cash sale of $10,000 during a companys first month of operations and the related sales tax collected from the customer in the amount of $1,000 has not yet been remitted to the state. How will this transaction affect the companys financial statements prepared on the last day of that month? (Select all that apply.)

Check All That Apply

A) Deferred revenue of $1,000 will be reported as a liability on the balance sheet.

B) Current liabilities in the amount of $1,000 will be reported on the balance sheet.

C) Sales revenue of $9,000 will be reported on the income statement.

D) Sales revenue of $10,000 will be reported on the income statement.

E) Sales revenue of $11,000 will be reported on the income statement.