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Bramble Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $18,720. All sales are

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Bramble Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $18,720. All sales are subject to a 4% sales tax. Compute sales taxes payable. Sales taxes payable $ Prepare a tabular summary to record sales taxes payable and sales. 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.) Assets Liabilities Cash Sales Taxes Payable + Common Stock Revenu Mar. 16 $ $ $ Bramble Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $18,720. All sales are subject to a 4% sales tax. Compute sales taxes payable. Sales taxes payable $ Prepare a tabular summary to record sales taxes payable and sales. 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 for parentheses) in front of the amount entered for the particular Asset, Liability or Equity iter that was reduced.) Stockholders' Equity Retained Earnings Expense Revenue Dividend $ Prepare a tabular summary to record sales taxes payable and sales. Include margin explanations for the changes in revenues and expenses. (lf 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.) Stockholders' Equity Retained Earnings Expense $ Revenue Dividend Interest expense Bank charges expense Sales revenue Attempts: Miscellaneous expense Save for Later 21 si

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