fill the charts gg Study | Guided Solut W WileyPLUS L? WileyPLUS https/ledugen.w
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fill the charts
gg Study | Guided Solut W WileyPLUS L? WileyPLUS https/ledugen.wileyplus.com/edugen/student/mainfr.uni ge o eayPly Free Games Suggested Sites Baseball utorials Me PLUS Weygandt, Financial Accounting, 10e Web Slice Giallery GobiermoUSA.gov Careers and Careerir USAgovCenterPoint Energy Charles Sco CALCULATOR MESS Exercise 10-3 In performing accounting services for small businesses, you encounter the following situations per taining to cash sales 1. Cheyenne Corp. enters sales and sales taxes separately in its cash register. On April 10, the register totals are sales $39,000 and sales taxes $1,950. 2. Sheridan Company does not segregate sales and sales taxes. Its register total for April 15 is $23,002, which includes a 6% sales tax Prepare the entry to record the sales transactions and related taxes for each client. (Credit account titles are automatically indented when amount is entered. Do not indent mandu No. Date Account Titles and Explanation .5 Debit Credit Cheyenne Corp. tive Sheridan Company 2. QuestionAExplanation / Answer
Date Account titles and explanation Debit Credit Cheyenne Corp. April 10 Cash $40,950 Sales Revenue $39,000 Sales Tax payable $1,950 Sheridan Company April 15 Cash $23,002 Sales Revenue $21,700 Sales Tax payable $1,302
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