Record a journal entry

Grandpa Clocks, incorporated ( GCl ), is a retailer of wall, mantle, and grandfather clocks. Assume GCl sells a grandfather clock for $14,000 cash plus 4 percent sales tax. The clock had originally cost GCI$10,000. Assume GCl uses a perpetual inventory system. - Prepare the journal 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 $14,000 plus 4 percent sales tax. Note: Enter debits betore credits