Swanson Company recorded sales of merchandise inventory on account, $4,000. The sales were subject to sales tax of 4%. The company uses the tory system. On September 30, Swanson paid $500 of sales tax to the state. the transaction to record the sale on August 10. Ignore cost of goods sold the transaction to record the payment of sales tax to the state. = first, then credits. Select the explanation on the last line of the journal entry table.) the transaction to record the sale on August 10. Ignore cost of goods sold. Accounts and Explanation Debit Credit ze the transaction to record the payment of sales tax to the state Accounts and Explanation Debit Credit Time Remaining:00 08 14 Next