CASH OVER AND SHORT Walker Department Store has one cash register. On a recent day, the cash
Question:
CASH OVER AND SHORT Walker Department Store has one cash register. On a recent day, the cash register tape reported sales in the amount of $2,247.63. Actual cash in the register (after deducting and removing the opening change amount of $50) was $2,238.48, which was deposited in the firm’s bank account.
Required:
Prepare a journal entry to record these cash collections.
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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