During the month of June, Marin Boutique recorded cash sales of $$307,400$ and credit sales of $$162,392,$ both of which include the $6\%$

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 entries before credit entries.$)$