On July 5,WinterWinterCompany recorded sales of merchandise inventory on account, $60,000.The sales were subject to sales tax of3%.On August 15,Winter Company paid the sales tax owed to the state from the July 5 transaction.

Requirements

1.	Journalize 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.