Bargain Surplus made cash sales during the month of October of $375,000. 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?
Debit Accounts Receivable for $375,000.
Credit Sales Taxes Payable for $21,226.
Credit Sales Taxes Payable for $22,500.
Credit Sales Revenue for $347,483.
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