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In providing acoounting services to small business, you encounter the following situations pertaining to cash sales: ( 1 ) Company A rings up sales and
In providing acoounting services to small business, you encounter the following situations pertaining to cash sales:
Company A rings up sales and sales taves separately on its cash register. On April the register totals are sales $ and sales taves $
Company does not segregate sales and sales taxes. Its register total for April is $ which includes a sales tax.
a
Your answer is correct.
Prepare the entries to record the sales transactions and related taxes for Company A frimetit wecuutit tiltes dre cutcimaticaily Entry" for the account tittes and enter of for the dimwiunwy
Date
Apr.
Apr.
Account Titles and Explanation
Cash
Sales Revenue
Sales Taxes Payable
eTextbook and Media
List of Accounts
b
Prepare the entries to record the sales transactions and related taxes for Company Credit accoumt titles are outomatically. indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is requined, select No Entry" for the account tittes and enter o for the amounts.
Date Account Titles and Explanation
Debit
Credit
Need help with B please
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