Soles Tex Transactions Joumalize the entries to record the following selected transactions: 3. Sold $640,000 of merchandise on account, subject to a sales tax of 7%, The cost of the poods sold was $385,000. If an amount box does not require an entry, leave it blank. b. Paid 561,750 to the state sales tax department for taxes collected. If an amount box does not require an entry, leave it blank