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Kathy's Comer Store has total cash sales for the month of $33,000 excluding sales taxes. If the sales tax rate is 6%, which journal entry
Kathy's Comer Store has total cash sales for the month of $33,000 excluding sales taxes. If the sales tax rate is 6%, which journal entry is needed? (Ignore Cost of Goods Sold.) O A. debit Cash $33,000 and credit Sales Revenue $33,000 O B. debit Cash $34,980, credit Sales Revenue $33,000 and credit Sales Tax Payable $1,980 O C. debit Cash $34,980, credit Sales Revenue $34,980 OD. debit Cash $31,020, debit Sales Tax Receivable for $1,980 and credit Sales Revenue for $33,000
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