Current Attempt in Progress In performing accounting services for small businesses, you encounter the following...
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Accounting
Current Attempt in Progress In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Carla Vista Co, enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $26,500 and sales taxes $1,325. Wildhorse Co does not segregate sales and sales taxes. Its register total for April 15 is $18,550, which includes a 6% sales 2. tax. Prepare the entry to record the sales transactions and related taxes for Carla Vista Co. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Apr. 10 Prepare the entry to record the sales transactions and related taxes for Wildhorse Co. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Apr. 15
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