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During the month of June, Heather’s Boutique had cash sales of $243,800 and credit sales of $137,800, both of which include the 6% sales tax that must be remitted to the state by July 15

During the month of June, Heather’s Boutique had cash sales of $243,800 and credit sales of $137,800, both of which include the 6% sales tax that must be remitted to the state by July 15.  Prepare the adjusting journal entry that should be recorded to fairly present the June 30 financial statements.