View Policies Current Attempt in Progress 1 in performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. Carla Vista Co.enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales 26,500 and sales taxes $ 1,325. Wildhorse Co.does not segregate sales and sales taxes. Its register total for April 15 is $ 14.980, which includes a 7% sales 2 tax (a) Prepare tabular summaries to record the sales transactions and related taxes for Carla Vista Co. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Pd. In Cap Cash Sales Taxes Pay Common Stock Rev Apr. 10$ $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 2 used Submit Answer In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Carla Vista Co. enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $ 26,500 and sales taxes $ 1,325 Wildhorse Co.does not segregate sales and sales taxes. Its register total for April 15 is $ 14,980, which includes a 7% sales 2. taxi (a) Prepare tabular summaries to record the sales transactions and related taxes for Carla Vista Co. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Retained Earnings Expense Revenue Dividend $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 2 used Submit