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Question 5 of 1 2 0 . 2 9 2 In performing accounting services for small businesses, you encounter the following situations pertaining to cash
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In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales.
Cerviq Company enters sales and sales taxes separately on its cash register. On April the register totals are sales $ and sales taxes $
Quartz Company does not segregate sales and sales taxes. Its register total for April is $ which includes a sales tax.
Prepare the entries to record the sales transactions and related taxes for Cerviq Company and Quartz Company. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
No Date Account Titles and Explnation
Debit
Credit
Cerviq Company
Apr.
Quartz Company
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