Excise and Sales Tax Calculations Clifford Company has just billed a customer for $1,100, an amount that includes a eight percent excise tax and a two percent state sales tax. met a. What amount of revenue is recorded? b. Prepare a general journal entry to record the transaction on the books of Clifford Company. Round all answers to the nearest dollar. a. Amount of recorded revenue $ b. General Journal Description Debit Credit Date Dec.31 Excise Tax Payable Sales Tax Payable To record sale on account subject to excise tax and sales tax. Check