Ivanhoe Company enters sales and sales taxes separately on its cash register. On April $10,$ the register totals are sales $$47,000$ and sales taxes $$2,350.$

Concord Company does not segregate sales and sales taxes. Its register total for April $15$ is $$22,790,$ 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

IVANHOE COMPANY

CONCORD COMPANY