Question: Please help with the below questions. Lily Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for

Please help with the below questions.

Please help with the below questions. Lily AutoPlease help with the below questions. Lily Auto
Lily Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $35,700. All sales are subject to a 5% sales tax. Compute sales taxes payable. Sales taxes payable $ eTextbook and Media List of Accounts Save for Later Attempts: unlimited Submit Answer (a2) Make the 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 Mar. 16Jamison Company has these obligations at December 31: For each obligation, indicate whether it should be classied as a current liability. (Assume an operating cycle of less than one year.) Obligations (a) A note payable for $100,000 due in 2 years. (b) A 10-year mortgage payable of $300,000 payable in ten $30,000 annual payments. (c) Interest payable of$ 15,000 on the mortgage.

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