A ________ consists of all products–original as well as line and category extensions-sold under a particular brand

A creditor who has loaned money to a business has a claim to some of the assets of the business until the debt is paid

Indicate whether the statement is true or false

Slumberland sold an $800 couch to Charles, and he paid cash. The sales tax rate is 8.5%. Looking at the transaction from Slumberland's point of view, which of the following statements is false?

A. Sales Tax Payable would be credited $68 B. Sales would be credited for $800 C. Cash would be debited for $868 D. Sales Tax Expense would be debited for $68