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Excise and Sales Tax Calculations Barnes Company has just billed a customer for $18,000, an amount that includes a 10% excise tax and a 6%

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Excise and Sales Tax Calculations Barnes Company has just billed a customer for $18,000, an amount that includes a 10% excise tax and a 6% state sales tax a. What amount of revenue is recorded? b. Prepare a general journal entry to record the transaction on the books of Barnes Company Round all answers to the nearest dollar a. Amount of recorded revenues Debit Credit b General journal Date Description Dec 31 troise Tax Payable Ses Tax Payable . To record sal on account subject to excise tax and sales tax Check

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