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During December, Rainey Equipment made a $682,000 credit sale. The state sales tax rate is 6% and the local sales tax rate is 1.5%. Prepare

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During December, Rainey Equipment made a $682,000 credit sale. The state sales tax rate is 6% and the local sales tax rate is 1.5%. Prepare the appropriate journal entry. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the credit sale. Note: Enter debits before credits. Transaction General Journal Debit Credit 1

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