Exercise 10-05 In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1.   Ivanhoe Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $24,000 and sales taxes $1,200. 2.   Pharoah Company does not segregate sales and sales taxes. Its register total for April 15 is $15,900, which includes a 6% sales tax.           Prepare the entry to record the sales transactions and related taxes for Ivanhoe Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Apr. 10 enter an account title to record the sales transactions and related taxes for Ivanhoe Company on April 10   enter a debit amount   enter a credit amount     enter an account title to record the sales transactions and related taxes for Ivanhoe Company on April 10   enter a debit amount   enter a credit amount     enter an account title to record the sales transactions and related taxes for Ivanhoe Company on April 10   enter a debit amount   enter a credit amount       SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO       Prepare the entry to record the sales transactions and related taxes for Pharoah Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Apr. 15 enter an account title to record the sales transactions and related taxes for Pharoah Company on April 15   enter a debit amount   enter a credit amount     enter an account title to record the sales transactions and related taxes for Pharoah Company on April 15   enter a debit amount   enter a credit amount     enter an account title to record the sales transactions and related taxes for Pharoah Company on April 15   enter a debit amount   enter a credit amount

Sales Transactions and T Accounts (first screen shot for #1 and 2. the second is for #3) Using T accounts for Cash, Accounts Receivable, Sales Tax Payable, Sales, Sales Returns and Allowances, and Sales Discounts, enter the following sales transactions. 1. no sales tax       (a) Merchandise is sold for $230 cash.   (b) Merchandise is sold on account for $220.   (c) Payment is received for merchandise sold on account.     2.   6% sales tax.(a) Merchandise is sold for $230 cash plus sales tax.(b) Merchandise is sold on account for $220 plus sales tax.(c) Payment is received for merchandise sold on account.      3. Cash and credit sales, with returned merchandise.   (a) Merchandise is sold for $498 cash.   (b) $14 of merchandise sold for $498 is returned for a refund.   (c) Merchandise is sold on account for $400.   (d) $27 of merchandise sold for $400 is returned for a credit.   (e) Payment is received for balance owed on merchandise sold on account.

CAN SOMEONE SHOW ME HOW TO DO A " CASH JOURNAL"?   Selected accounts from the chart of accounts of Crane Company are shown below. 101   Cash   401   Sales Revenue 112   Accounts Receivable   412   Sales Returns and Allowances 120   Inventory   414   Sales Discounts 126   Supplies   505   Cost of Goods Sold 157   Equipment   726   Salaries and Wages Expense 201   Accounts Payable         The cost of all merchandise sold was 60% of the sales price. During January, Crane completed the following transactions. Jan. 3   Purchased merchandise on account from Gallagher Co. $10,500. 4   Purchased supplies for cash $80. 4   Sold merchandise on account to Wheeler $5,670, invoice no. 371, terms 1/10, n/30. 5   Returned $300 worth of damaged goods purchased on account from Gallagher Co. on January 3. 6   Made cash sales for the week totaling $3,800. 8   Purchased merchandise on account from Phegley Co. $5,000. 9   Sold…

Can I get some help on this table, thank you!