The Balances of Selected Accounts of Casper Company on February

Essay

The balances of selected accounts of Casper Company on February 28, 2019, were as follows: Sales $200,000 and Sales Returns and Allowances $5,000. The firm's net sales are subject to an 8 percent sales tax. Record the payment of the sales tax payable on February 28, 2019 on page 8 of a general journal.