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Kathy's Corner Store has total cash sales for the month of 534,000 excluding sales taxes. If the sales tax rate is 7%, which journal entry

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Kathy's Corner Store has total cash sales for the month of 534,000 excluding sales taxes. If the sales tax rate is 7%, which journal entry is needed? (ignore Cost of Goods Sol O A debit Cash $31620, debit Sales Tax Receivable for $2,380 and credit Sales Revenue for $34,000 O B. debit Cash $36, 380, credit Sales Revenue $36,380 OC. debit Cash $36,380, credit Sales Revenue $34,000 and credit Sales Tax Payable $2,380 OD. debit Cash $34,000 and credit Sales Revenue $34,000 Click to select your answer. Type here to search O O e CE

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