EXERCISE 10.3 When performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. (a) "A" 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. (b) "B" 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) "A" Company and (b) "B" Company. 10-2 Copyright 2015 John Wiley & Sons, Inc. Weygandt, Financial and Managerial Accounting 2e, Solutions Manual (For Instructor Use Only) (a) "A" Company Cash Sales Revenue Sales Tax Payable I 23,100 22,000 1,100 (b) "B" Company Cash 13,780 Sales Revenue Sales Tax Payable