a. Describe the entries that have been posted to the following accounts after the Change Fund was

Question:

a. Describe the entries that have been posted to the following accounts after the Change Fund was established.

b. How will the balance of Cash Short and Over be reported on the incomestatement?

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College Accounting

ISBN: 978-1111528126

11th edition

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

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Question Posted: Oct 21, 2014 02:20 AM

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a. Describe the entries that have been posted to the following accounts after the Change Fund was

Question:

Change Fund Sales Cash 200 Jan. 3 1,520 Jan. 3 1,522 4 1,418 6 1,665 6 1,664 4 1,421 Cash Short and Over Jan. 4 3 an. 32 6

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a On January 3 the cash register tape showed that sales were 1520 wh...View the full answer

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