Brief Exercise 10-3 Sheridan Auto Supply does not segregate sales and sales taxes at the time of sale. The cash register total for March 16 is $14,976. All sales are subject to a 4% sales tax. Compute sales taxes payable. Sales taxes payable $ Make the entry to record sales taxes payable and sales revenue. Omit the cost of goods sold entry. (Credi manually.) Date Account Titles and Explanation Debit Credit Mar. 16