The actual cash received from cash sales was $114,850, and the amount indicated by the cash register total was $114,975. Journalize the entry to record the cash receipts and cash sales.
Answer:
Cash 114,850
Cash Short or Over 125
Sales 114,975
The actual cash received from cash sales was $32,730, and the amount indicated by the cash register total was $32,690. Journalize the entry to record the cash receipts and cash sales.
Answer:
Cash 32,730
Sales 32,690
Cash Short or Over 40
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