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Consider the following transactions of Green Software: Mar. 31 Recorded cash sales of $200,000, plus sales tax of 6% collected for the state of New

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Consider the following transactions of Green Software: Mar. 31 Recorded cash sales of $200,000, plus sales tax of 6% collected for the state of New Jersey. Apr. 6 Sent March sales tax to the state. Journalize the transactions for the company. Ignore cost of goods sold. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Mar. 31: Recorded cash sales of $200,000, plus sales tax of 6% collected for the state of New Jersey. (Prepare a single compound entry for this transaction.) Date Accounts and Explanation Debit Credit Mar. 31 Accounts Receivable Cash Sales Revenue Sales Tax Expense Sales Tax Payable Apr. 6: Sent Date Accounts and Explanation Debit Credit Apr. 6 Consider the following transactions of Green Software: Mar. 31 Recorded cash sales of $200,000, plus sales tax of 6% collected for the state of New Jersey. Apr. 6 Sent March sales tax to the state. Journalize the transactions for the company. Ignore cost of goods sold. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Mar. 31: Recorded cash sales of $200,000, plus sales tax of 6% collected for the state of New Jersey. (Prepare a single compound entry for this transaction.) Date Accounts and Explanation Debit Credit Mar. 31 Apr. 6: Sent March sales tax to the state. Date Accounts and Explanation Debit Credit Apr. 6

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