Question
View Policies Current Attempt in Progress In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1 Sunland
View Policies Current Attempt in Progress In performing accounting services for small businesses, you encounter the following 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 $36,000 and sales taxes $1,800. 2 Blossom Company does not segregate sales and sales taxes. Its register total for April 15 is $25,652, which includes a 6% sales tax. Prepare the entries to record the sales transactions and related taxes for Sunland Company and Blossom Company. Omit the cost of goods sold entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Sunland Company 1 Blossom Company eTextbook and Media List of Accounts Debit Credit
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started