Consider the following transactions of McCarthy Software.

April 30 : Recorded cash sales of $28,700 and sales on account totaled $132,500.  The total cost of goods sold was $89,000.

All sales are subject to sales tax of 5%, which is collected for New York State.

May 10 : Sent April sales tax collected to the state.

Journalize the transactions needed the company.

Journal

Date	Description	Debit	Credit
April 30	A/PA/RCOGSCashMerchandise InventorySales RevenueSales Tax ExpenseSales Tax Payable
April 30	A/PA/RCOGSCashMerchandise InventorySales RevenueSales Tax ExpenseSales Tax Payable
April 30	A/PA/RCOGSCashMerchandise InventorySales RevenueSales Tax ExpenseSales Tax Payable
April 30	A/PA/RCOGSCashMerchandise InventorySales RevenueSales Tax ExpenseSales Tax Payable
April 30	A/PA/RCOGSCashMerchandise InventorySales RevenueSales Tax ExpenseSales Tax Payable
April 30	A/PA/RCOGSCashMerchandise InventorySales RevenueSales Tax ExpenseSales Tax Payable
May 10	A/PA/RCOGSCashMerchandise InventorySales RevenueSales Tax ExpenseSales Tax Payable
May 10	A/PA/RCOGSCashMerchandise InventorySales RevenueSales Tax ExpenseSales Tax Payable

Compute the balance of the Sales Tax Payable account as of May 10th. There was no beginning balance in the Sales Tax Payable account.

Sales Tax Payable

Debit	Credit
Double line	Double line