Carver's Pharmacy has collected $900 in sales taxes during March. If sales taxes must be remitted to the state government monthly what entry will Carver's Pharmacy make to show the March remittance? a.
$\begin{array}{lrr}
\text { Sales Taxes Expense } &900\
\text { Cash } &&900\
\end{array}$

b.
$\begin{array}{lrr}
\text { Sales Tax Payable } &900\
\text { Cash } &&900\
\end{array}$

c.
$\begin{array}{lrr}
\text { Sales Tax Expense } &900\
\text { Sales Taxes Payable } &&900\
\end{array}$

d. $\text {No entry required.}$

Question

Carver's Pharmacy has collected $900 in sales taxes during March. If sales taxes must be remitted to the state government monthly what entry will Carver's Pharmacy make to show the March remittance? a. 
$\begin{array}{lrr}
  \text { Sales Taxes Expense } &900\
 \text { Cash } &&900\
\end{array}$

b.
$\begin{array}{lrr}
  \text { Sales Tax Payable  } &900\
 \text { Cash } &&900\
\end{array}$

c. 
$\begin{array}{lrr}
  \text { Sales Tax Expense  } &900\
 \text { Sales Taxes Payable } &&900\
\end{array}$

d. $\text {No entry required.}$

Quizplus · Accepted Answer

The Answer of Carver's Pharmacy has collected $900 in sales taxes during March. If sales taxes must be remitted to the state government monthly what entry will Carver's Pharmacy make to show the March remittance? a. 
$\begin{array}{lrr}
  \text { Sales Taxes Expense } &900\
 \text { Cash } &&900\
\end{array}$

b.
$\begin{array}{lrr}
  \text { Sales Tax Payable  } &900\
 \text { Cash } &&900\
\end{array}$

c. 
$\begin{array}{lrr}
  \text { Sales Tax Expense  } &900\
 \text { Sales Taxes Payable } &&900\
\end{array}$

d. $\text {No entry required.}$

Carver's Pharmacy Has Collected $900 in Sales Taxes During March Sales Taxes Expense 900 Cash 900\begin{array}{lrr} \text { Sales Taxes Expense } &900\\ \text { Cash } &&900\\\end{array} Sales Taxes Expense Cash ​900​900​

Carver's Pharmacy Has Collected $900 in Sales Taxes During March $\begin{array}{lrr} \text { Sales Taxes Expense } &900\\ \text { Cash } &&900\\\end{array}$