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June 7 Two Kawasaki 900 STX personal watercraft were sold for $14,000.00 cash, plus sales tax...

June 7
Two Kawasaki 900 STX personal watercraft were sold for $14,000.00 cash, plus sales tax of 8%.

How would you journalize this entry correctly?
Business   Accounting   
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Answer #1

CASH (14000 + 8%*14000)           15120                      .......DR

              SALES                                   14000            ......CR

             OUTPUT SALES TAX @ 8%            1120            ........CR

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