sxQOrion Chapter9 Gradebook ORION Downloadable eTextbook n A

sxQOrion Chapter9+ Gradebook ORION Downloadable eTextbook n Assignment CALCULATOR MESSAGE MY INSTRUCTOR FULLSCREEN PRINIERVERSION BACK NEXT raded In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. Wildhorse Co. enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $33,000 and sales taxes $1,650 1. Carla Vista Co. does not segregate sales and sales taxes. Its register total for April 15 is $22,140, which includes a 8% sales tax. 2. by 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.) Credit Date Account Titles and Explanation Apr. 10 ^ 44 Hi ae 6/27/2018 e here to search

Solution

1)

2)

Date Account titles and explanation Debit Credit
Apr. 10 Cash $34,650
Sales Revenue $33,000
Sales Tax payable $1,650
 sxQOrion Chapter9+ Gradebook ORION Downloadable eTextbook n Assignment CALCULATOR MESSAGE MY INSTRUCTOR FULLSCREEN PRINIERVERSION BACK NEXT raded In performing

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