1)

2)

3)

QS 6-5 Cash Over and Short LO P1 Record the journal entry for Sales and for Cash Over and Short for each of the following separate situations. a. The cash register's record shows $430 of cash sales, but the count of cash in the register is $442. b. The cash register's record shows $992 of cash sales, but the count of cash in the register is $982. View transaction list Journal entry worksheet Exercise 6-10 Petty cash fund accounting LO P2 Palmona Co, establishes a $260 petty cash fund on January 1. On January 8, the fund shows $159 in cash along with receipts for the following expenditures: postage, $43, transportation-in. $12, delivery expenses, $14; and miscellaneous expenses, $32. Palmona uses the perpetual system in accounting for merchandise Inventory. Prepare journal entries to (1) establish the fund on January 1, (2) reimburse it on January 8, and (3) both reimburse the fund and increase it to $310 on January 8, assuming no entry in part 2. Hint: Make two separate entries for part 3. View transaction list Journal entry worksheet 1 2 3 Record the increase of the petty cash fund. Note: Enter debits before credits General Journal Debit Credit Date Jan 08