Sales revenue for a sporting goods store amounted to $542,000 for the current period. All sales are on account and are subject to a sales tax of 11%. Which of the following would be included in the journal entry to record the sales transaction? A. a debit to Sales Tax Payable for $59,620 B. a debit to Accounts Receivable for $601,620 C. a credit to Accounts Receivable for $542,000 D. a debit to Sales Revenue for $542,000 On December 31,2024 , Samuels Bakery Company purchased $500,000 of property by paying $100,000 in cash and signing a 10 -year mortgage at 10% for the balance. The amortization schedule shows that the company will pay $65,098 per year. What is the journal entry for the first yearly payment on December 31,2025