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can only have 2 accounts During the month of June, Blossom Boutique recorded cash sales of $204,580 and credit sales of $175,642, both of which

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During the month of June, Blossom Boutique recorded cash sales of $204,580 and credit sales of $175,642, both of which include the 6% sales tax that must be remitted to the state by July 15. Prepare the adjusting entry that should be recorded to fairly present the June 30 financial statements. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation June Sales Revenue Debit Credit 30 I Sales Tax Payable

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