Bridgeport Corporation made credit sales of $40,200 which are subject to 5% sales tax. The corporation also made cash sales which totaled $21,210 including the 5% sales tax.

Prepare the entry to record Bridgeport's credit sales.

Account Titles and Explanation Debit Credit

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Prepare the entry to record Bridgeports cash sales.

Account Titles and Explanation Debit Credit

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