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please help In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Crane Company enters sales and sales
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In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Crane Company enters sales and sales tres separately on its cash register. On April 10, the register totals are sales $23.000 and sales taxes $1,150. 2. Sunland Company does not segregate sales and sales taxes. Its register total for April 15 is $1440, which includes a sales te re i ndeed whe Prepare the entry to record the sales transactions and related taxes for Crane Company. Credit amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Apr. 10 LISL UT Accounts Prepare the entry to record the sales transactions and related taxes for Sunland Company. (Credit account titles are automatically amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Apr. 15Step by Step Solution
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