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Make journal entries to record the following transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any joumal entries.) Recorded cash
Make journal entries to record the following transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any joumal entries.) Recorded cash sales of $300,000 for the month, plus sales tax of 4% collected for the state of New York. Ignore cost of goods sold. Jun 6 Sent May sales tax to the state. May 31 Hon May 31: Recorded cash sales of $300,000 for the month, plus sales tax of 4% collected for the state of New York. Ignore cost of goods sold. Journal Entry Date Accounts Debit Credit May 31
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