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Wildhorse, Inc. operates a gas station and offers gas at $ 2 . 9 7 per gallon if a customer pays cash and $ 3

Wildhorse, Inc. operates a gas station and offers gas at $2.97 per gallon if a customer pays cash and $3.00 per gallon if a customer pays using a credit card. Wildhorse sold 650000 gallons at $2.97 per gallon during May. In addition, sales tax is 7%, which was $650000 for May. Wildhorse's journal entry to record sales for May will include
a debit to Sales Taxes Payable for $650000
a credit to Sales Revenue for $1950000
a credit to Sales Taxes Payable $650000
a debit to Cash for $10400000
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