Which of the following represents the correct journal entry to record a taxable cash sale of $400 if the sales tax rate is 5% ? Multiple Choice A debit to cash for $420, a debit to sales tax expense for $20, and a credit to sales revenue for $400. A debit to cash for $400, a credit to sales tax payable for $20, and a credit to sales revenue for $380. A debit to cash for $420, a credit to sales tax payable for $20, and a credit to sales revenue for $400. None of these answer choices are correct