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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

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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 s 33.500 and sales taxes $ 1,675. Oriole Company does not segregate sales and sales taxes. Its register total for April 15 is $22.890, which includes a 9% sales 2 tax la) Prepare tabular summaries to record the sales transactions and related toes for Blossom Company inetude margin explanation for the changes in revenues and expenses if a transaction causes a decrease in Assets, Lobilities or Stockholders' Equit placera negative sign for parentheses) in front of the amount entered for the particular Arset Liability of Equity item that was reduced

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