Question

Read each of the following transactions. A) The cash sales per a register tape were $579....


Read each of the following transactions. 


A) The cash sales per a register tape were $579. The cash count is $552 

B) The cash sales per a register tape were $8,700. The cash count is $8,280. 


Prepare the general journal entries to record the above transactions. View transaction list Journal entry worksheet

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Answer #1

1.

Journal

No

Account Title

Debit

Credit

A Cash 552
Cash short and over 27
Sales 579

2.

Journal

No

Account Title

Debit

Credit

B Cash 8,280
Cash short and over 420
Sales 8,700

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