Answer:
Journal entries
Step-by-step explanation:
1. Cash $17,510
To Sales revenue $17,000
To Sales tax payable $510 ($17,000 × 3%)
(Being the sale is recorded)
2. Cost of goods sold $11,900
To Merchandise inventory $11,900
(Being the cost of merchandise is recorded)
3. Sales tax payable $510
To Cash $510
(Being the payment is recorded)