Question

CEOwne Antue Warches US 164 Rolex TDCD Lin 180. Vem gold with 18ci bracelet to a customer for $250,000 sal tax of 12,800 is also collected . yellow O Sales 2. Journalize of sales tax the sale and conect on February Leis Journauze the sales tax arch 3, 2018 the remittance to the state

Answer 1

Date	Account titles and explanation	Debit	Credit
04-Feb	Cash/Account receivable	$266,800		(254000+12800)
	Sales		$254,000
	Sales tax payable		$12,800
	(Sales made)
03-Mar	Sales tax payable	$12,800
	Cash		$12,800
	(remittance of sales tax to state)