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Nash Corporation made credit sales of $35,400which are subject to7% sales tax. The corporation also made cash sales which totaled $27,178including the7% sales tax. Prepare

Nash Corporation made credit sales of $35,400which are subject to7% sales tax. The corporation also made cash sales which totaled $27,178including the7% sales tax.

Prepare the entry to record Nash's 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

SHOW LIST OF ACCOUNTS

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Prepare the entry to record Nash's 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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