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help please please thank you so much In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Blossom
help please please thank you so much
In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Blossom Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $41,000 and sales taxes \$2,050. 2. Wildhorse Co. does not segregate sales and sales taxes. Its register total for April 15 is $26,076, which includes a 6% sales tax, Prepare the entries to record the sales transactions and related taxes for Blossom Company and Wildhorse Co. Omit the cost of goods sold entry. (Credit account tities are automatioally indented when amount is entered. Do not indent manually) 1. Blossom Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $41,000 and sales taxes $2,050 2. Wildhorse Co. does not segregate sales and sales taxes. Its register total for April 15 is $26,076, which includes a 6% sales tax Prepare the entries to record the sales transactions and related taxes for Blossom Company and Wildhorse Co.. Omit the cost of goods sold entry. (Credit account tities are automatically indented when amount is entered. Do not indent manually.) Step by Step Solution
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