At the end of the day, the cash register tape shows $1,060 in cash sales but...
At the end of the day, the cash register tape shows $1,060 in cash sales but the count of cash in the register is $1,085. The proper entry to account for this excess is:
Homework Answers
The entry to account the excess is :
| Particulars | Debit | Credit |
| Cash | $1,085 | |
| Cash Short and Over | $25 | |
| Sales | $1,060 | |
| (To record cash sales) |
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