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Farm Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $11,562. All sales are

Farm Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $11,562. All sales are subject to a 7% sales tax. Compute sales taxes payable and make the entry to record sales taxes payable and sales. (List multiple debit/credit entries from largest to smallest amount, e.g. 10, 5, 2. Round all answers to 0 decimal places, e.g. 2,510.) Date Account/Description Debit Credit March 16 Cash ........ Sales ......... Sales tax payable

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