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Sheridan Surplus made cash sales during October of $ 3 7 7 0 0 0 . The sales are subject to a 6 % sales

Sheridan Surplus made cash sales during October of $

377000 .

The sales are subject to a

6 %

sales tax that was also collected. Which of the following would be included in the summary journal entry to reflect the sale transactions?

Debit Accounts Receivable for $

377000 .

Credit Sales Taxes Payable for $

22620 .

Credit Sales Taxes Payable for $

21340 .

Credit Sales Revenue for $

347267 .

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