Kool's Stores Made Cash Sales During the Month of May

Multiple Choice

Kool's Stores made cash sales during the month of May of $79,500.The sales are subject to a 6% sales tax that was also collected.Which of the following would be included in the summary journal entry to reflect the May sales transactions?

A) debit Cash for $79,500
B) credit Sales Tax Payable for $4,500
C) credit Sales for $75,000
D) credit Sales Tax Payable for $4,770