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Dextra Computing sells merchandise for $5,000 cash on September 30 (cost of merchandise is $3,000). The sales tax law requires Dextra to collect 8% sales

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Dextra Computing sells merchandise for $5,000 cash on September 30 (cost of merchandise is $3,000). The sales tax law requires Dextra to collect 8% sales tax on every dollar of merchandise sold. Record the entry for the $5,000 sale and its applicable sales tax. Also record the entry that shows the payment of the 8 % tax on this sale to the state government on October 15 View transaction list extra Computing sells merchandise for $5,000 cash on September 30 (cost of mercha extra to collect 8% sales tax on every dollar of merchandise sold. Record the entry for so record the entry that shows the payment of the 8 % tax on this sale to the state gov View transaction list Journal entry worksheet K 1 2 Record the cash sales and 8 % sales tax. Note: Enter debits before credits. Date General Journal Debit Credit Sep 30 Record entry Clear entry View general journal Prev 1 of 4 arch Saved Dextra Computing sells merchandise for $5,000 cash on September 30 (cost of merchand Dextra to collect 8% sales tax on every dollar of merchandise sold. Record the entry for the Also record the entry that shows the payment of the 8% tax on this sale to the state govern View transaction list Journal entry worksheet

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