Jensen Distribution Corporation's cash sales for the day totalled $13,000. Jensen has to charge HST (harmonized sales tax) on the sale. They collected an additional 15% in sales tax. (a) What is the journal entry to record the day's sales, including sales tax? Jensen's COGS (cost of goods sold) is 40% of the day's sales. (b) How much did profits increase from the above transactions? (Ignore income taxes and assume no change in operating expenses.) Format BIU Debit Credit A) E 3