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Seved Cantrell Company is required by law to collect and remit sales taxes to the state. If Cantrell has $7,000 of cash sales that are

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Seved Cantrell Company is required by law to collect and remit sales taxes to the state. If Cantrell has $7,000 of cash sales that are subject to an 6 cash sales? Multiple Choice Debit Cash $7,420, credit Sales $7.000, credit Sales Taxes Payable $420 Debit Accounts Receivable $7,420, credit Sales $7.000. credit Sales Texes Payable $420, Debit Cash $7,000 credit Soles $7000, and record the taxes when paid Debit Sales Taxes Payable $420, debit Cosh 56,500 credit Sales $7000 Debit Cash $7,000 credit Sales 56.580, credit Sales Taxes Payable $420

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