FULL SCREEN PRINTER VERSION BAG Exercise 11-3 In performing accounting services for 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 $51,500 and sales taxes $2,575. 2. Waterman Company does not segregate sales and sales taxes, its register total for April 15 is $25,145, 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 amount is e Do not indent manually, Record journal entries in the order presented in the problem Date Account Titles and Explanation POOLE COMPANY Debit Credit Apr. 1011 Cash 4,075 Sales Revenue 51,500 Sales Taxes Payable 2,575 WATERMAN COMPANY Apr. 15 25,145