Homework Answers
Answer
--The complete entry would be
| Accounts title | Debit | Credit |
| Accounts receivables [1500 + 8%] | $1,620 | |
| Cash [1000 + 8%] | $1,080 | |
| Sales Tax Payable [$2500 x 8%] | $200 | |
| Sales Revenue | $2,500 |
--Correct Answer = Option 'D'
Debit to Accounts receivables $ 1620, and Debit to Cash $ 1080
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