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Company X made credit sales of $10,000 that are subject to 5% sales tax. Record the journal entry. Accounts Receivable Sales Revenue Sales Tax Payable

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Company X made credit sales of $10,000 that are subject to 5% sales tax. Record the journal entry. Accounts Receivable Sales Revenue Sales Tax Payable $10,476 $10,000 $476 Accounts Receivable Sales Revenue Sales Tax Payable $10,000 $9,500 $500 Accounts Receivable Sales Revenue Sales Tax Payable $10,500 $10,000 $500 Accounts Receivable Sales Revenue Sales Tax Payable $10,000 $9,524 $476

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