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Tuesday, October 15, 2019

The actual cash received from cash sales was $114,850, and the amount indicated by the cash register total

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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