1. 2. (a) Sunland Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $31,500 and sales taxes $1,575. Crane Company does not segregate sales and sales taxes. Its register total for April 15 is $20,710, which includes a 9% sales tax. Your answer is correct. Prepare tabular summaries to record the sales transactions and related taxes for Sunland Company. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

1. Sunland Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $31,500 and sales taxes $1,575. 2. Crane Company does not segregate sales and sales taxes, Its register total for April 15 is $20,710, which includes a 9% sales tax Your answer is correct. Prepare tabular summaries to record the sales transactions and related taxes for Sunland Company. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or paren theses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Prepare tabular summaries to record the sales transactions and related taxes for Sunland Company Include margin explanations for the changes in revenues and expenses. (If a transaction couses a decrease in Assets, Labilities or Stockholders' Equith, place o negative stan (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Prepare tabular summaries to record the sales transactions and related taxes for Crane Company. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Llabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)