Which of the following represents the impact of a taxable cash sale of $500 on the accounting equation if the sales tax rate is 4%7 Multiple Choice None of these answer chaices is correct An increase to cesh for $500, an increase to sales tax payable for $20. and an increase to sales revenue for $480 An increase to cash for $520, an increase to sales tax payable for $20, and an increase to sales revenue for $5oo An increase to cash for $520, an increase to sales tax expense for $20, and an increase to sales revenue for $500