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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

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 $33,500 and sales taxes $1,675.
2. Oriole Company does not segregate sales and sales taxes. Its register total for April 15 is $22,890, which includes a 9% sales tax.
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Prepare the entry to record the sales transactions and related taxes for Blossom Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date

Account Titles and Explanation

Debit

Credit

Apr. 10

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Prepare the entry to record the sales transactions and related taxes for Oriole Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date

Account Titles and Explanation

Debit

Credit

Apr. 15

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Exercise 10-4 In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. 2. Blossom Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $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 tax. Prepare the entry to record the sales transactions and related taxes for Blossom Company. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually.) Debit Credit Date Account Titles and Explanation Apr. 10 SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: SIMILAR EXERCISE Prepare the entry to record the sales transactions and related taxes for Oriole Company. (Credit account tities are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Apr. 15

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