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my umowcu Marked out of 1.00 13 The March 25 cash register reading for Cooley Grocery shows sales of $10,000 and sales taxes of $600
my umowcu Marked out of 1.00 13 The March 25 cash register reading for Cooley Grocery shows sales of $10,000 and sales taxes of $600 (sales tax rate of 6%), the journal entry is .a Debit Accounts receivable 10,600 and credit both Sales revenue 10,000 and Sales tax payable 600 .b Debit Cash 10,600 and credit both Sales revenue 10,000 and Sales tax payable 600 . Debit Cash 10,000 and credit both Sales revenue 9,400 and Sales tax payable 600 .d Debit Accounts receivable 10,000 and credit both Sales revenue 9,400 and Sales tax payable 600
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