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Consider the following transactions of Green Software: Mar. 31 Recorded cash sales of $150,000, plus...

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Consider the following transactions of Green Software: Mar. 31 Recorded cash sales of $150,000, plus sales tax of 10% collected for the state of New Jersey Apr. 6 Sent March sales tax to the state Journalize the transactions for the company. Ignore cost of goods sold. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Mar. 31: Recorded cash sales of $1 50,000, plus sales tax of 10% collected for the state of New Jersey. (Prepare a single compound entry for this transaction.) Date Accounts and Explanation Debit Credit Mar. 31

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