Q9

Need this done asap please. Thanks in advance!

Sales Tax Transactions Journalize the entries to record the following selected transactions. a. Sold $651,000 of merchandise on account, subject to a sales tax of 5%. The cost of the goods sold was $384,090. If an amount box does not require an entry, leave it blank. b. Paid $43,470 to the state sales tax department for taxes collected. If an amount box does not require an entry, leave it blank. - 88