DuringDecember, Rainey Equipment made a $744,000 credit sale. The statesales tax rate is 6% and the local sales tax rate is 1.5%.Prepare the appropriate journal entry.Note: If no entry is required During December, Rainey Equipment made a \\( \\$ 744,000 \\) credit sale. The state sales tax rate is \\( 6 \\% \\) and the local sales tax rate is \\( 1.5 \\% \\). Prepare the appropriate journal ent 2 answers