which of the following statements concerning reversing entries is true

A company sells $170,000 (sales price) of goods and collects sales tax of 4%. What current liability does the sale create? O A. Sales revenue of $176,800 OB. Unearned revenue of $6,800 OC. Sales tax payable of $6,800 O D. None; the company collected cash up front. Click to select your answer. MacBook Air Accounting is the information system that O A. measures business activity. OB. communicates the results to decision makers. O C. processes information into reports. O D. All of the above Click to select your