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In performing accounting services for small businesses, you encounter these situations pertaining to cash sales. 1. Sunland Company enters sales and sales taxes separately on

In performing accounting services for small businesses, you encounter these situations pertaining to cash sales.

1.

Sunland Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $56,000 and sales taxes $2,800.

2.

Cheyenne Company does not segregate sales and sales taxes. Its register total for April 15 is $26,500, which includes a 6% sales tax.

Prepare the entries to record the sales transactions and related taxes for each client. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

Date

Account Titles and Explanation

Debit

Credit

SUNLAND COMPANY

choose a transaction date Apr. 10Apr. 15

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

CHEYENNE COMPANY

choose a transaction date Apr. 10Apr. 15

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

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