chapter 11 Learning Objective 1 S11-2 Recording sales tax On July 5, Keller Company recorded sales of merchandise inventory on account, $20,000. The sales were subject to sales tax of 6%. On August 15, Keller Company paid $850 of sales tax to the state. Requirements 1. Journalize the transaction to record the sale on July 5. Ignore cost of goods sold. 2. Journalize the transaction to record the payment of sales tax to the state.