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Question(s) / Instruction(s):

A cash register tape shows cash sales of $7,500 and sales taxes of $500. The journal entry to record this information is

a)            Debit Cash $8,000; Credit Sales $7,500; Credit Sales Taxes Payable $500                                

b)            Debit Cash $8,000; Credit Sales Tax Revenue $500; Credit Sales $7,500                                    

c)            Debit Cash $7,500; Credit Sales $7,500                                   

d)            Debit Cash $7,500; Debit Sales Tax Expense $500; Credit Sales $8,000                                      

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