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Bargain Surplus made cash sales during the month of October of $375,000. The sales are subject to a 6% sales tax that was also
Bargain Surplus made cash sales during the month of October of $375,000. The sales are subject to a 6% sales tax that was also separately collected. Which of the following would be included in the summary journal entry to reflect the sale transactions? Select one: OA. Credit Sales Revenue for $347,483 OB. Credit Sales Taxes Payable for $22,500 OC. Debit Accounts Receivable for $375,000 OD. Credit Sales Taxes Payable for $21,226 Next page
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