If a company is required to collect sales tax on its product sales, the correct treatment is to: O debit sales revenue for the sum of the sales price and amount of sales tax debit a liability account for the amount of sales tax collected O credit a liability account for the amount of sales tax collected credit sales revenue for the sum of the sales price and amount of sales tax Question 12 2p Kreacher Co. signed a $60,000, 10% interest-bearing note on November 1, 2020. The note is due in 9 months. The journal entry at December 31, 2020 would include: a credit to Interest Payable there would be no entry at December 31, 2020 since the note has not yet reached it maturity date. a debit to Cash a credit to Notes Payable