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During the month of June, Flint Boutique recorded cash sales of $$183,750$ and credit sales of $$117,075,$ both of which include the $5\%$ sales tax that must be remitted to the state by July $15.$

Prepare the adjusting entry that should be recorded to fairly present the June $30$ financial statements. $($If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

Date Account Titles and Explanation

Debit

Credit

June $30$

Sales Taxes Payable $$

$$

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List of Accounts

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