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On August 1 0 , Richardson Company recorded sales of merchandise inventory on account, $ 4 , 0 0 0 . The sales were subject

On August 10, Richardson Company recorded sales of merchandise inventory on account, $4,000. The sales were subject to sales tax of 6%. The company uses the perpetual inventory system. On September 30, Richardson paid $340 of sales tax to the stateJournalize the transaction to record the sale on August 10. Ignore cost of goods sold.
Journalize the transaction to record the payment of sales tax to the state.
1. Joumalize the transaction to record the sale on August 10. Ignore cost of goods sold.
2. Joumalize the transaction to record the payment of sales tax to the state (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)
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