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um 4 Review - Chapters 8,9 & 11 Help Save & Ext Subm. Check my work 28 Cantrell Company is required by law to collect
um 4 Review - Chapters 8,9 & 11 Help Save & Ext Subm. Check my work 28 Cantrell Company is required by law to collect and remit sales taxes to the state. If Cantrell has $10,500 of cash sales that are subject to an 8% sales tax, what is the Journal entry to record the cash sales? Cred companyia Multiple Choice Multiple Choice O Doble care O Debit Cash $10,500credit Sales $9,660, credit Sales Taxes Payable $840. Debit Cash $10.500, credit Sales $10,500; and record the taxes when 0 Dobr Accounts Receverlo 51320. crest sau sio 500; creat Sales Town Payabia S220. ales $10.500, credit Sales Taxes Payable $840 0 Debit Cash $1.340; credit Solar $10.500credit sales teves Poyable $840. 0 Debit Sales Taxes Payable $840, debit Cash $9,660; credit Sales $10,500
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