Business, 13.02.2020 23:24, dondre54

In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. a. Sheridan Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $31,000 and sales taxes $1,550. b. Blossom Company does not segregate sales and sales taxes. Its register total for April 15 is $19,980, which includes a 8% sales tax.

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In performing accounting services for small businesses, you encounter the following situations perta...