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In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales 1. Wildhorse Co. enters sales and sales tas separately

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In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales 1. Wildhorse Co. enters sales and sales tas separately on its cash register.On April 10, the register totals are sales $33.000 and sales taxes $1.650 2. Carla Vista Co. does not segregate sales and sales taxes. Its register total for April 15 is $25.440, which includes a 6% sales tax. Your answer is partially correct. Prepare the entry to record the sales transactions and related taxes for Wildhorse Co. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Debit Credit Date Account Titles and Explanation Apr 10 | Can Sales Revenge Sales Taxes Payable Prepare the entry to record the sales transactions and related taxes for Carla Vista Co. (Credit account titles are automatically inden when amount is entered. Do not indent manually) Debit Credit Date Apr. 15 Account Titles and Explanation Cash 25440 C Sales Revenue Sales Tees Payable

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