Travis Publishing completed the following transactions for one subscriber during 2018:

Oct 1 ................ Sold a one-year subscription, collecting cash of $1,800, plus sales tax of 10%.

The subscription will begin on October 1.

Nov 15 ............. Remitted (paid) the sales tax to the state of South Carolina.
Dec 31 .............. Made the necessary adjustment at year-end.

Requirement

1. Journalize these transactions (explanations not required). Then report any liability on the company’s balance sheet at December 31, 2018.