Please complete the journal entries

Required information M10-2 (Algo) Recording Sales and State Tax [LO 10-2] [The following information applies to the questions displayed below] Grandpa Clocks, Incorporated (GCI), is a retaler of wall, mantle, and grandfather clocks. Assume GCI sells a grandfather clock for $19.000 cash plus 5 percent sales tox. The clock had originally cost GCI$15,000. Assume GCl uses a perpetual inventory system. 110-2 (Algo) Part 2 Piepare the joumal entries related for the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the sales revenue of $19,000 plus 5 percent sales tax. Note: Enter debits before credits. Journal entry worksheet Record the cost of goods sold of $15,000. Note: Enter debits before credits