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In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. Ivanhoe Company enters sales and sales taxes separately on

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In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales.
Ivanhoe Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $24,000 and sales taxes $1,200.
Pharoah Company does not segregate sales and sales taxes. Its register total for April 15 is $15,900, which includes a 6% sales tax.
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