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Question 11 (0.5 points) Enochs Sporting Goods made cash sales of merchandise with a retail price of $3,000 on a Saturday and collected a 5%
Question 11 (0.5 points) Enochs Sporting Goods made cash sales of merchandise with a retail price of $3,000 on a Saturday and collected a 5% sales tax. The journal entry to record the sales and collection of the sales tax is O debit Sales Revenue $3,000; debit Sales Tax Payable $150; credit Cash $3,150. debit Sales Revenue $3,150; credit Cash $3,000; credit Sales Tax Payable $150. debit Cash $3,150; credit Sales Revenue $3,000; credit Sales Tax Payable $150. debit Cash $3,000; debit Sales Tax Payable $150; credit Sales Revenue $3,150
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