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Consider the following transactions of Pendant Software Mar. 31 Recorded cash sales of $200,000, plus sales tax of 9% collected for the state of New

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Consider the following transactions of Pendant Software Mar. 31 Recorded cash sales of $200,000, plus sales tax of 9% collected for the state of New Jersey . 10 Sent Mech sales tax to the state Journalize the transactions for the company. Ignore cost of goods sold Record debitis fest, then credits Select the explanation on the last line of the journal entry tal Mat 31. Recorded cash sales of $200,000, plus sales tax of 9% collected for the state of New Jersey. Prepare a single compound untry for this transaction) Date Accounts and Explanation Debit Credit Mar 31

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