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solmaris [256]
3 years ago
8

In providing accounting services to small business, you encounter the following situations pertaining to cash sales.

Business
1 answer:
Brrunno [24]3 years ago
5 0

Answer:

Kindly see Explanation

Explanation:

April 10:

Dr Cash 37,800

Cr Sales 34,500

Cr Sales taxes 3,300

April 15:

Dr Cash 28,080

Cr Sales 26,000

Cr Sales taxes 2,080

Cash = 34500+3300 = 37800

Sales = 28080/1.08 = 26000

Sales tax (28080 - 26000) = 2080

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