Peterson Company collects sales taxes at the time of sale for the state. The state has a 10% sales tax rate. If Peterson has $10,000 of cash sales, what is the journal entry to record these sales? Multiple Choice Debit Cash $10,000; credit Sales $10,000, and record the taxes when paid. Debit Cash $10,000; credit Sales $9,000; credit Sales Taxes Payable $1,000. Debit Cash $11,000; credit Sales $10,000; credit Sales Taxes Payable $1,000. Debit Accounts Receivable $11,000; credit Sales $10,000; credit Sales Taxes Payable $1,000. Debit Sales Taxes Payable $1,000, debit Cash $9,000; credit Sales $10,000