A Retailer Recorded the Following in June: Cash Sales $2,000;credit

Multiple Choice

A retailer recorded the following in June: cash sales $2,000;credit sales,$9,000;sales returns and allowances,$1,000.Assuming the sales tax rate is 7 percent,the entry to record the sales tax payment includes a debit to Sales Tax Payable for

A) $560.
B) $630.
C) $700.
D) $770.