=Test: M1 (Ch 10-12v1) - GRADED Question 13 of 20 This test: 100 point(s) possible This question: 4 point(s) possible Submit test On August 10, Hanley Company recorded sales of merchandise inventory on account, $4,400. The sales were subject to sales tax of 9%. The company uses the perpetual inventory system. On September 30, Hanley paid $946 of sales tax to the state. 1. Journalize the transaction to record the sale on August 10. Ignore cost of goods sold. 2. Journalize the transaction to record the payment of sales tax to the state. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) 1. Journalize the transaction to record the sale on August 10. Ignore cost of goods sold. Date Aug. 10 Accounts and Explanation 2. Journalize the transaction to record the payment of sales tax to the state. Date Sep. 30 Accounts and Explanation Debit Credit Debit Credit