On July 5, Feather Company recorded sales of merchandito inventory on account, $45.000. The sales were subject to sales tax of 5%. On August 15, Feather Company paid the sales tax owed to the state from the July 5 transaction Requirements 1. Joumalize the transaction to record the sale on July 5. Ignore cost of goods sold 2. Journalize the transaction to record the payment of sales tax to the state on August 15. loni have