Entry for Cash Sales; Cash Short The actual cash received from cash sales was $33,854 and...
Entry for Cash Sales; Cash Short The actual cash received from cash sales was $33,854 and the amount indicated by the cash register total was $33,866. Journalize the entry to record the cash receipts and cash sales. For a compound transaction, if an amount box does not require an entry, leave it blank.
Homework Answers
Solution
| Transaction | General Journal | Debit | Credit |
| 1 | Cash | $ 33,854.00 | |
| Cash short | $ 12.00 | ||
| Sales revenue | $ 33,866.00 | ||
| (Top record sales and cash short) | |||
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Entry for Cash Sales; Cash Short The actual cash received from
cash sales was $33,854 and...
Exercise 4-43 (Algorithmic) Cash Over and Short Miller Enterprises deposits the cash received during each day...
Exercise 4-43 (Algorithmic) Cash Over and Short Miller Enterprises deposits the cash received during each day at the end of the day. Miler deposited $48,287 on October 3 and $50,116 on October 4. Cash register records and other documents supporting the deposits are summarized as follows: 10/3 10/4 540,310 Cash sales $36,880 11,555 Collections on account 9,813 Total receipts $48,435 $50,123 Required: 1. Calculate the amount of cash over or cash short for each day. Enter negative values as negative...
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On March 1, the actual cash received from cash sales was $55,081, and the amount indicated by the cash register total was $54,840. Journalize the entry to record the cash receipts and cash sales. Refer to the Chart of Accounts for exact wording of account titles.
Cash Over and Short Miller Enterprises deposits the cash received during each day at the end...
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half the problem is aleady done (green check marks) what has a red x by it...
half the problem is aleady done (green check marks) what has a red
x by it is incorrect though
eBook Show Me How Calculator Exercise 4-43 (Algorithmic) Cash Over and Short Miller Enterprises deposits the cash received during each day at the end of the day. Miller deposited $48,287 on October 3 and $50,116 on October 4. Cash register records and other documents supporting the deposits are summarized as follows: 10/3 10/4 Cash sales $36.330 $40,310 Collections on account 11,555...
Journalize the entries to record the following: a. Check is issued to establish a petty cash...
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On March 1, the actual cash received from cash sales was $37,650, and the amount indicated...
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Petty Cash Fund Prepare journal entries for each of the following. For a compound tra an...
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Exercise 4-43 (Algorithmic) Cash Over and Short Miller Enterprises deposits the cash received during each day at the end of the day. Miler deposited $48,287 on October 3 and $50,116 on October 4. Cash register records and other documents supporting the deposits are summarized as follows: 10/3 10/4 540,310 Cash sales $36,880 11,555 Collections on account 9,813 Total receipts $48,435 $50,123 Required: 1. Calculate the amount of cash over or cash short for each day. Enter negative values as negative...
Cornerstone Exercise 4-21 (Algorithmic) Cash Over and Short On a recent day, Pence Company obtained the following data from its cash registers: Cash Sales per Register Tape Cash in Register after Removing Opening Change $12,650.01 Register 1 $12,656.12 11,429.57 11,591.18 Register 2 Register 3 11,425.42 11,590.18 Pence deposits its cash receipts in its bank account daily Required: amount box does not require an entry, leave it blank. Round your ans 35,676.87 x Prepare a journal entry to record Cash Cash...
half the problem is aleady done (green check marks) what has a red
x by it is incorrect though
eBook Show Me How Calculator Exercise 4-43 (Algorithmic) Cash Over and Short Miller Enterprises deposits the cash received during each day at the end of the day. Miller deposited $48,287 on October 3 and $50,116 on October 4. Cash register records and other documents supporting the deposits are summarized as follows: 10/3 10/4 Cash sales $36.330 $40,310 Collections on account 11,555...
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