Question: View Policies Current Attempt in Progress In providing accounting services to small businesses, you encounter the following situations. Sunland Corporation rings up cash sales and
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Current Attempt in Progress
In providing accounting services to small businesses, you encounter the following situations.
Sunland Corporation rings up cash sales and sales taxes separately on its cash register. On April the register totals are pretax sales of sales $ plus GST of $ and PST of $
i During the month of March, Flounder Corporation's employees earned and were paid gross salaries of $ Withholdings deducted from employee earnings related to these salaries were $ for CPP $ for EI $ for income taxes. ii Flounder's employer portions were $ for CPP and $ for EI for the month.
Prepare the journal entries to record the above transactions. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries.
No Account Titles
Debit
Credit
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