Sales Tax A sale of merchandise on account for $15,450 is subject to a 5% sales tax. (a) Should the sales tax be recorded at the time of sale or when payment is received? (b) What is the amount recorded as sales? If required, round the answer to one decimal place. (C) What is the amount debited to Accounts Receivable? If required, round the answer to one decimal place. (d) What is the title of the account to which the $772.5 ($15,450 x 5%) is credited