Journalize the entries to record the following selected transactions:
(a)Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the merchandise sold was $510.
(b)Paid $436 to the state sales tax department for taxes collected.

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The Answer of Journalize the entries to record the following selected transactions:
(a)Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the merchandise sold was $510.
(b)Paid $436 to the state sales tax department for taxes collected.

Journalize the Entries to Record the Following Selected Transactions