Exercise 10-3 / Your answer is partially correct. Try again In performing accounting services to small businesses, you encounter the following situations pertaining to cash sales 1. Poole Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $40,500 and sales 2, waterman Company does not segregate sales and sales taxes. Its register total for April 15 is $23,754, which includes a 7% sales tax Prepare the entry to record the sales transactions and related taxes for each client. (Credit account titles are automatically indented when taxes $2,025 amount is entered. Do not indent manually.) Date Debit Credit Account Titles and Explanation POOLE COMPANY No 1. T Apr. 10Cash 42,525 Sales Revenue 40,500 Sales Taxes Payable 2,025 WATERMAN COMPANY 2. T Apr. 15%lash 23,754 Sales Revenue 22,091 Sales Taxes Payable 1,663