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tronboy Hardware Store sells inventory to a customer for 55.000 (plus PST) cash on September 5, 2020. The provincial sales tax rate is 6%. Ignore

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tronboy Hardware Store sells inventory to a customer for 55.000 (plus PST) cash on September 5, 2020. The provincial sales tax rate is 6%. Ignore the cost of goods sold. What is the entry to record the sale of inventory and the PST? Select one Debit Cash $5,000 and PST payable $300 Credit Sales Revenue $5,300 b. Debit Cash $5,300, Credit PST Payable $300 and Sales Revenue 55,000 Debit Sale: Revenue 55 300, credit Ps Payable $300 and Cash 55,000 d. Debit Cash $5300 Credit PST Payable $300 and Inventory 55.000

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