Remitted to the state government monthly problem


Ron's Pharmacy has collected $600 in sales taxes during March. If sales taxes must be remitted to the state government monthly, what entry will Ron's Pharmacy make to show the March remittance?

a. Sales Tax Expense 600
Cash 600

b. Sales Taxes Payable 600
Cash 600

c. Sales Tax Expense 600
Sales Taxes Payable 600

d. No entry required.

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Accounting Basics: Remitted to the state government monthly problem
Reference No:- TGS096114

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