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The following transactions took place at Five Flags Amusement Park during May. Five Flags Amusement Park must charge 8 percent sales tax on all sales:

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The following transactions took place at Five Flags Amusement Park during May. Five Flags Amusement Park must charge 8 percent sales tax on all sales: DATE TRANSACTIONS 2019 May 1 Sold merchandise on account to Bill Gomez issued Sales Slip 1015 for $1,050 plus 8 percent sales tax terms /30 15 Recorded cash sales, $2,900 plus 8 percent sales tax. 31 Received payment on account due from Billom en the sale May' 1. View transaction list Journal entry worksheet

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