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CA Exercise 10-05 In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales 1 Blossom Company anters sales and
CA Exercise 10-05 In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales 1 Blossom Company anters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $20,000 and sales fases $1,400. 2. Orale Company does not segregate sales and sales taxes. Its register total for April 15 is $20,140, which includes a 6% sales tax. Prepare the entry to record the sales transactions and related taxes for Blossom Company. (Credit account titles are automatically indeed when monteres. De not indent manually.) Account Titles and Explanation ADE 10 Debit Prepare the entry to record the sales transactions and related taxes for Oriol Company. (Credit account titles are automatically indented when amount is entend. Do not Indent manually.) Debit Crede Date Anunties and Explanation Ape 15 SHOW LIST OF ACOURS
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