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Jenkins, Inc. made total cash sales in December of $500,000, which are subject to 3% sales tax. Prepare the journal entries to record the sales
Jenkins, Inc. made total cash sales in December of $500,000, which are subject to 3% sales tax. Prepare the journal entries to record the sales transaction for December and the payment of the sales tax to the state. Omit explanations. (Record debits first, then credits.) Begin by journalizing the sale transaction for December. Accounts Next, journalize the payment of the sales tax to the state. Accounts Debit Credit Debit Credit
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