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Prepare the entry to record the sales transactions

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Reference no: EM132542282

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In performing accounting services for small businesses, you encounter the following situations per taining to cash sales.

1. Cullumber Company enters sales and sales taxes separately in its cash register. On April 10, the register totals are sales $30,500 and sales taxes $1,525.

2. Blossom Company does not segregate sales and sales taxes. Its register total for April 15 is $22,260, which includes a 6% sales tax.

Required - Prepare the entry to record the sales transactions and related taxes for each client.

Reference no: EM132542282

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