A Company Receives $100,of Which $4 Is for Sales Tax $\begin{array} { l c } \text { Cash } & 90 \\\text { Sales } && 90 \end{array}$

Multiple Choice

A company receives $100,of which $4 is for sales tax and $6 is for excise tax.The journal entry to record the sale is:

A)
$\begin{array} { l c } \text { Cash } & 90 \\\text { Sales } && 90 \end{array}$
B)
$$\begin{array} { l c c } \text { Excise Tax expense } & 6 & \\\text { Sales Tax expense } & 4 & \\\text { Cash } & 90 & \\\quad \text { Sales } & & 100\end{array}$$
C)
$\begin{array}{ll}\text { Sales } & 100 \\\text { Cash } & & 100\end{array}$

D)
$$\begin{array} { l r } \text { Cash } & { 100 } \\\quad\quad\quad\text { Sales Tax Payable } && 4 \\\quad\quad\quad\text { Excise tax payable } && 6 \\\quad\quad\quad\text { Sales } && 90\end{array}$$