Question: Current Attempt in Progress Coghlan Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March

Current Attempt in Progress Coghlan Auto Supply does not segregate sales and

Current Attempt in Progress Coghlan Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $16,380. 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 March 16 Debit Credit

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