journal enries

-1 Deposit #5 Cash sales for the month totaled $7,000. Sales tax on the sale is $578. The cost of the merchandise sold was $4,200 (bears $4,000 and balloons $200). Paid the balance to Betty's Bears. There are two invoices. Paid $400 for fliers, posters and business cards. This is considered prepaid advertising. 21 21 Ck #1010 Ck #1011