The cash register of a business shows sales of $2,000 for the day. Of this amount,...
The cash register of a business shows sales of $2,000 for the day. Of this amount, $400 was cash to sales. The business does not accept credit cards. What amount represents the sales to be recorded in Accounts Receivable?
Homework Answers
$1,600
Accounts receivable = Given total sales - cash sales
= $2000 - $400
= $1,600
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The cash register of a business shows sales of $2,000 for the
day. Of this amount,...
A restaurants cash register shows sales of $1,400 for the day. Of this amount, $600 was...
A restaurants cash register shows sales of $1,400 for the day. Of this amount, $600 was cash sales. The restaurant does not accept any credit cards. What amount represents the sales to be recorded to Accounts Receivable?
Question 5 (0.2 points) At the end of the day, the cash register tape shows $1,000...
Question 5 (0.2 points) At the end of the day, the cash register tape shows $1,000 in cash sales but the count of cash in the register is $1,010. The proper entry to account for this excess is: Debit Cash $1.000; credit Sales $1.000. Debit Cash $1.010; credit Sales $1.010. Debit Cash $1,010: credit Sales $1.000: credit Cash Over and Short $10. Debit Cash $1,000; debit Cash Over and Short for $10: credit Sales $1.010. Debit Cash Over and Short...
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:
2 At the end of the day, the cash register tape shows $1,180 in cash sales...
2
At the end of the day, the cash register tape shows $1,180 in cash sales but the count of cash in the register is $1,235. The proper entry to account for this excess is: Multiple Choice ( Debit Cosh $1180; credit Sales $1,180. O Debit Cash $1,235; credit Sales $1.235. ( Debit Cash $1,235, credit Sales $1180; credit Cash Over and Short $55. Debit Cash $1,180; debit Cash Over and Short for $55; credit Sales $1.235. Debit Cash Over...
register tape shows $1,480 in cash sales but the count of cash in the register is $1,610. The proper entry to t the...
register tape shows $1,480 in cash sales but the count of cash in the register is $1,610. The proper entry to t the end of the day, the cash ccount for this excess is: Multiple Choice
register tape shows $1,480 in cash sales but the count of cash in the register is $1,610. The proper entry to t the end of the day, the cash ccount for this excess is: Multiple Choice
Cash Over and Short Miller Enterprises deposits the cash received during each day at the end...
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 $37,640 $40,310 Collections on account 10,895 9,813 Total receipts $48,535 $50,123 Required: 1. Calculate the amount of cash over or cash short for each day. Enter negative values as negative numbers. Cash Over...
Helo At the end of the day, the cash register tape shows $1280 inches, but the...
Helo At the end of the day, the cash register tape shows $1280 inches, but the count of cash in the register is $1360. The proper entry to account for this excess is 28 Savait Submit Mic Choice Debit Card Debt Ch 060 Cash Over and Sons Debit Cath $120.cre DOS Decreto 1360
At the end of the day, the cash register's record shows $1,254, but the count of...
At the end of the day, the cash register's record shows $1,254, but the count of cash in the cash register is $1,247. The correct entry to record the cash sales is Multiple Choice Debit Cash $1,247; debit Cash Over and Short $7; credit Sales $1,254. Debit Cash $1,247; Credit Sales $1,247. Debit Cash $1,254; credit Sales $1,254. Debit Cash $1,254; credit Cash Over and Short $1,247; credit Sales $7. Debit Cash Over and Short $7, credit Sales $7.
Cornerstone Exercise 5-33 (Algorithmic) Accounting for Credit Card Sales Frank's Tattoos and Body Piercing operates near...
Cornerstone Exercise 5-33 (Algorithmic) Accounting for Credit Card Sales Frank's Tattoos and Body Piercing operates near campus. At the end of a recent day, Frank's cash register included credit card documents for the following sales amounts: MasterCard $756 Visa 486 The merchant's charges are 1.8% for MasterCard and 2.1% for Visa, Frank's also had cash sales of $375 and $1,000 of sales on credit to a local business Required: Prepare a journal entry to record these sales. If an amount...
Cornerstone Exercise 5-33 (Algorithmic) Accounting for Credit Card Sales Frank's Tattoos and Body Piercing operates near...
Cornerstone Exercise 5-33 (Algorithmic) Accounting for Credit Card Sales Frank's Tattoos and Body Piercing operates near campus. At the end of a recent day, Frank's cash register included credit card documents for the following sales amounts: MasterCard $756 Visa 486 The merchant's charges are 1.8% for MasterCard and 2.1% for Visa, Frank's also had cash sales of $375 and $1,000 of sales on credit to a local business Required: Prepare a journal entry to record these sales. If an amount...
Question 5 (0.2 points) At the end of the day, the cash register tape shows $1,000 in cash sales but the count of cash in the register is $1,010. The proper entry to account for this excess is: Debit Cash $1.000; credit Sales $1.000. Debit Cash $1.010; credit Sales $1.010. Debit Cash $1,010: credit Sales $1.000: credit Cash Over and Short $10. Debit Cash $1,000; debit Cash Over and Short for $10: credit Sales $1.010. Debit Cash Over and Short...
2
At the end of the day, the cash register tape shows $1,180 in cash sales but the count of cash in the register is $1,235. The proper entry to account for this excess is: Multiple Choice ( Debit Cosh $1180; credit Sales $1,180. O Debit Cash $1,235; credit Sales $1.235. ( Debit Cash $1,235, credit Sales $1180; credit Cash Over and Short $55. Debit Cash $1,180; debit Cash Over and Short for $55; credit Sales $1.235. Debit Cash Over...
register tape shows $1,480 in cash sales but the count of cash in the register is $1,610. The proper entry to t the end of the day, the cash ccount for this excess is: Multiple Choice
register tape shows $1,480 in cash sales but the count of cash in the register is $1,610. The proper entry to t the end of the day, the cash ccount for this excess is: Multiple Choice
Helo At the end of the day, the cash register tape shows $1280 inches, but the count of cash in the register is $1360. The proper entry to account for this excess is 28 Savait Submit Mic Choice Debit Card Debt Ch 060 Cash Over and Sons Debit Cath $120.cre DOS Decreto 1360
Cornerstone Exercise 5-33 (Algorithmic) Accounting for Credit Card Sales Frank's Tattoos and Body Piercing operates near campus. At the end of a recent day, Frank's cash register included credit card documents for the following sales amounts: MasterCard $756 Visa 486 The merchant's charges are 1.8% for MasterCard and 2.1% for Visa, Frank's also had cash sales of $375 and $1,000 of sales on credit to a local business Required: Prepare a journal entry to record these sales. If an amount...
Cornerstone Exercise 5-33 (Algorithmic) Accounting for Credit Card Sales Frank's Tattoos and Body Piercing operates near campus. At the end of a recent day, Frank's cash register included credit card documents for the following sales amounts: MasterCard $756 Visa 486 The merchant's charges are 1.8% for MasterCard and 2.1% for Visa, Frank's also had cash sales of $375 and $1,000 of sales on credit to a local business Required: Prepare a journal entry to record these sales. If an amount...
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