Multiple Choice
A cash register tape shows cash sales of $6,000 and sales taxes of $300. The journal entry to record this information is
A) Cash 6,000 Sales Revenue 6,000
B) Cash 6,300 Sales Tax Revenue 300
Sales Revenue 6,000
C) Cash 6,000 Sales Tax Expense 300
Sales Revenue 6,300
D) Cash 6,300 Sales Revenue 6,000
Sales Taxes Payable 300
Correct Answer:
Verified
Correct Answer:
Verified
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