Remaining Time: 55 minutes, 54 seconds. Question Completion Status: 1 2 3 4 5 6 7 8 9 10 11 12 Tesco Grocery rings up total receipts of $18 900. The amount received from the sale is equal to the sales price 100% plus 8% of sales, (sales tax rate of 8%), the journal entry is 1. The following entry should be recorded for the above transaction A Cash 18 900 Sales Revenues 18,900 B Cash 18,900 Sales Revenues 17,600 Sales Tax Payable 1 300 C. Cash 18,900 Sales Revenue 17,500 Sales Tax Payable 1.400 D Cash 17.500 Sales Tax Payable 1,400 Sales Revenues 18.900 2. When the due amount is remitted to the income and sales tax department the debit side of the entry that should be recorded by Tesco Grocery is: A Cash 1300 B. Cash 1400 C Sales Tax Payable 1,300 D Sales Tax Payable 1.400 Type here to search N ITE AD 40) ENG