CASH OVER AND SHORT On a recent day, Pence Company obtained the following data from its cash
Question:
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 Register 1 $12,656.12 $12,649.81 Register 2 11,429.57 11,432.16 Register 3 11,591.18 11,590.18 Pence deposits its cash receipts in its bank account daily.
Required:
Prepare a journal entry to record these cash sales.
Cornerstone Exercise
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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