Problem

Journalizing cash receipts.Southern Gift Shop, a retail business, started business on Apri...

Journalizing cash receipts.

Southern Gift Shop, a retail business, started business on April 29, 2010. It keeps a $200 change fund in its cash register. The cash receipts for the period from April 29 to April 30, 2010, are shown below. Record the cash receipts on April 29 and April 30, 2010, in a general journal. Start the general journal with page 1.

DATE

TRANSACTIONS

April 29

Cash sales per the cash register tape, $1,510.

 

Cash count, $1,705.

30

Cash sales per the cash register tape, $1,420.

 

Cash count, $1,621.

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Solutions For Problems in Chapter 9