During the month of June, Cheyenne Boutique recorded cash sales of $323,400 and credit sales of $186,270, both of which include the 5% 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 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entrles before credit entries.)