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Sales Tax Transactions Journalize the entries to record the following selected transactions. a. Sold $336,000 of merchandise on account, subject to a sales tax of
Sales Tax Transactions Journalize the entries to record the following selected transactions. a. Sold $336,000 of merchandise on account, subject to a sales tax of 5%. The cost of the goods sold wa If an amount box does not require an entry, leave it blank. b. Paid $44,370 to the state sales tax department for taxes collected. If an amount box does not require an entry, leave it blank. Sales Tax Transactions Journalize the entries to record the following selected transactions. a. Sold $336,000 of merchandise on account, subject to a sales tax of 5%. The cost of the goods sold wa If an amount box does not require an entry, leave it blank. b. Paid $44,370 to the state sales tax department for taxes collected. If an amount box does not require an entry, leave it blank
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