Gem Corp. had cash sales of $10,000. The state sales tax rate is 10.8%. What amount is debited to the Cash account?
A) $10,000
B) $11,080
C) $1,080
D) $1,000
B .Cash 11,080
Sales Revenue 10,000
Sales Tax Payable (10.8% x $10,000 ) 1,080
Business
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