The Kandy Company Has Total Cash Register Receipts of $8,820

Multiple Choice

The Kandy Company has total cash register receipts of $8,820. This total includes a 5% sales tax. The entry to record the receipts will include a:

A) debit to Sales Tax Expense for $420.
B) credit to Sales for $8,820.
C) credit to Sales Taxes Payable for $420.
D) credit to Sales Taxes Payable for $820.