Zoom, Inc, makes a sale for $600 The company is required to collect sales taxes amourting to 95. The journal entry to record the sale will include a Multiple Choice credit to Sales Revenue for 5600 debetto Sales Tax Payable for 554 cetto Sales Revenue for $654 Credit Cash for $654 to Caktor 5800 Which of the following best describes treasury stock? Multiple Choice Shares of stock held by a governmental agency Authorized shares which have never been issued Shares of a corporation's own stock that it has reacquired from its stockholders A contra-liability account A current asset Which of the following statements about issued and outstanding stock is correct? Muluple Choice Issued stock is equal to authorized stock. Outstanding stock Includes all stock issued by a corporation Issued stock includes stock in the hands of investors, as well as treasury stock in the hands of the corporation, Outstanding stock equals the sum of issued stock and treasury stock. Which of the following is/are a component of stockholders' equity? Check All That Apply Dividends Common Stock Additional Paid-in Capital Retained Earnings Treasury Stock Net Income Preferred Stock