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QUESTION 4 0.25 points Blue Company sold $2,000 of inventory to Silver Company with a 6% sales tax rate. What is the debit account and

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QUESTION 4 0.25 points Blue Company sold $2,000 of inventory to Silver Company with a 6% sales tax rate. What is the debit account and the amount to record the sales transaction? O Sales, $2,120 O Cash, $2,120 O Sales Tax, $120 O Sales Tax Payable, $120 QUESTION 7 If a customer does not take advantage of a purchase discount, what current asset account must be increased at the time of payment? O Inventory O Cash O Sales O Accounts Payable

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