which of the following represents the impact of a taxable cash sale of $1,200 on the accounting equation if the sales tax rate is 5%? Multiple Choice An increase to cash for $1,260, an increase to sales tax expense for S60, and an increase to sales revenue for $1.200 An increase to cash for $1.260, an increase to sales tax payable for $60, and an increase to sales revenue for $1,200 None of these answer choices is correct An incresse to cash for $1200, an incresse to sales tax payable for $60, and an increase to sales revenue for $1140