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Manama Trading has $ 8,000 of cash sales that are subject to an additional 8% sales tax, what is the journal entry to record the
Manama Trading has $ 8,000 of cash sales that are subject to an additional 8% sales tax, what is the journal entry to record the cash sales in the company books? OA. Debit Cash $ 8,640; credit Sales $ 8,000; credit Sales Taxes Payable $ 640. O B. Debit Sales Taxes Payable $ 640; debit Cash $ 7,360; credit Sales $ 8,000. OC. Debit Cash $ 8,000; credit Sales $ 7,360; credit Sales Taxes Payable $ 640. O D. Debit Cash $ 8,000; credit Sales $ 8,000; and record the taxes when paid. A C
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