Savango Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $15,540. All sales are subject to a 5% sales tax. Compute sales taxes payable, and make the entry to record sales taxes payable and sales.
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Savango Auto Supply does not segregate sales and sales taxes at the time of sale. The
register total for March 16 is $15,540. All sales are subject to a 5% sales tax. Compute sales taxes
payable, and make the entry to record sales taxes payable and sales.
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- Coronado Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $35,200. All sales are subject to a 10% sales tax. 1. Compute sales taxes payable. 2. Make the entry to record sales taxes payable and sales revenue.Wildhorse Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $37,800. All sales are subject to a 5% sales tax.(a1) Compute sales taxes payable. Sales taxes payable (a2) Give the journal entry to record sales taxes payable and sales revenue. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit March 16Tamarisk, Inc. Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $14,840. All sales are subject to a 6% sales tax.Compute sales taxes payable. Sales taxes payable $ enter a dollar amount Make the entry to record sales taxes payable and sales. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 16 enter an account title to record sales taxes payable and sales on March 16 enter a debit amount enter a credit amount enter an account title to record sales taxes payable and sales on March 16 enter a debit amount enter a credit amount enter an account title to record sales taxes payable and sales on March 16
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