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How do I determine the sales transactions and related taxes? In performing accounting services for small businesses, you encounter the following situations pertaining to cash

How do I determine the sales transactions and related taxes?

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In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Sandhill Co. enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $27,000 and sales taxes $1,350. 2. Carla Vista Co. does not segregate sales and sales taxes. Its register total for April 15 is $15,660, which includes a 8% sales tax. v (a) Prepare the entry to record the sales transactions and related taxes for Sandhill Co.. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Ties and Explanation Debit Credit Apr. 10 Click if you would like to Show Work for this question: Qpen Show Work

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