G
grlpatel
Guest
A company receives $132, of which $12 is for sales tax. The journal entry to record the sale would include a
debit to Sales Tax Expense for $12.
debit to Cash for $120.
credit to Sales Tax Payable for $12.
debit to Sales for $132.
debit to Sales Tax Expense for $12.
debit to Cash for $120.
credit to Sales Tax Payable for $12.
debit to Sales for $132.