Sales Tax A sale of merchandise on account for $12,850 is subject to a 5% sales tax. (a) Should the sales tax be recorded at the time of sale or when payment is roceived? (b) What is the amount credited to sales? (c) What is the amount debited to Accounts Receivable? If required, round your answers to the nearest cent. (d) What is the account to which the $642.50 is credited