Big Bob's Lumber has sales of $40,000 and also collected sales taxes of 7% for the day (all sales are cash). The journal entry to record this information would include a: Credit to Sales Revenue, $42,80000 Credit to Sales Tax Payable, $2,800 Debit to Cash, $40,000 Debit to Sales Tax Expense, $2,800 Debit to Cash, $37,200