Waterway Surplus made cash sales during the month of October of $395000. 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 sale transactions? Credit Sales Revenue for $367483. Credit Sales Taxes Payable for $23700. Debit Accounts Receivable for $395000. Credit Sales Taxes Payable for $22358.
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