A company receives $200, of which $8 is for sales tax and $12 is for excise tax. The journal entry to record the sale is:

A) Cash 180Sales 180
B) Excise Tax Expense 12Sales Tax Expense 8Cash 180Sales 200
C) Sales 200Cash 200
D) Cash 200Sales Tax Payable 8Excise Tax Payable 12Sales 180


D

Business

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