Ed's Bookstore Has Collected $750 in Sales Taxes During April $\begin{array}{lrr} \text { Sales Taxes Payable } &750\\ \text { Cash } &&750\\\end{array}$

question 198

Short Answer

Ed's Bookstore has collected $750 in sales taxes during April. If sales taxes must be remitted to the state government monthly, what entry will Ed's Bookstore make to show the April remittance?
a. $\begin{array}{lrr} \text { Sales Taxes Payable } &750\\ \text { Cash } &&750\\\end{array}$

b.
$\begin{array}{lrr} \text { Sales Tax Expense } &750\\ \text { Cash} &&750\\\end{array}$


c.
$\begin{array}{lrr} \text { Sales Tax Expense } &750\\ \text {Sales Taxes Payable } &&750\\\end{array}$


d. $\begin{array}{lrr} \text { No entry required. } &\\\end{array}$

---

Definitions:

Trailer Parking Brakes

A braking system designed specifically for trailers to prevent them from rolling when parked or during hitching and unhitching operations.

5th Wheel Locks

Mechanical devices designed to secure the fifth wheel coupling on a tractor-trailer, preventing unauthorized detachment of the trailer.

Bowed Upper Coupler

A condition in semi-trailers where the front upper plate, which connects to the tractor, is bent or curved, potentially affecting connection and safety.

High Hitch

A potentially dangerous tractor-to-trailer coupling condition in which the fifth wheel locking mechanism engages but the trailer kingpin sits on top of the jaws.