Signet Sales operates in a state with a 7% sales tax. During July 2019, it had the following sales. Jul 10 Sold inventory to a customer for $1,000 plus sales tax on account. The inventory costs $700. Jul 12 Sold inventory to a customer for $4,000 plus sales tax for cash. The inventory costs $2,900. Record the transactions for July 2019. The company uses a perpetual inventory system. Date Account Title and Explanation Debit Credit