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Indigo Corporation made credit sales of $31,200 which are subject to 5% sales tax. The corporation also made cash sales which totaled $18,690 including the

Indigo Corporation made credit sales of $31,200 which are subject to 5% sales tax. The corporation also made cash sales which totaled $18,690 including the 5% sales tax.

Prepare the entry to record Indigos credit sales. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation

Debit

Credit

Prepare the entry to record Indigos cash sales. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation

Debit

Credit

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