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Enter the transaction described in the following narrative into the cash receipts journal. Cash sale for $194.20 less 10 percent discount plus tax. The tax

Enter the transaction described in the following narrative into the cash receipts journal. Cash sale for $194.20 less 10 percent discount plus tax. The tax rate is 6 percent. I just need help on how to calculate the national bank please step by step solution. Thank you

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GOLDEN STATIONERY STORE CASH RECEIPTS FOR MONTH OF AUGUST 20- CREDIT DEBIT GENERAL LEDGER NATIONAL RECEIVED FROM ACCOUNTS A/C DAY RECEIVABLE AMOUNT SALES NO. DISCOUNT BANK 12 16 19 20 FIGURE 12 Continued

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