In providing accounting services to small businesses, you encounter the following situations pertaining to cash sales. 1

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In providing accounting services to small businesses, you encounter the following situations pertaining to cash sales.

1 Furcal Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $22,000 and sales taxes $1,100.

2 Crystal Company does not segregate sales and sales taxes. Its register total for April 15 is $13,780, which includes a 6% sales tax.

Instructions Prepare the entries to record the sales transactions and related taxes for

(a) Furcal Company and

(b) Crystal Company.

AppendixLO2

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