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2 At the end of the day, the cash register tape shows $1,180 in cash sales but the count of cash in the register is

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At the end of the day, the cash register tape shows $1,180 in cash sales but the count of cash in the register is $1,235. The proper entry to account for this excess is: Multiple Choice ( Debit Cosh $1180; credit Sales $1,180. O Debit Cash $1,235; credit Sales $1.235. ( Debit Cash $1,235, credit Sales $1180; credit Cash Over and Short $55. Debit Cash $1,180; debit Cash Over and Short for $55; credit Sales $1.235. Debit Cash Over and Short $55; credit Cash $55. Assume that the custodian of a $450 petty cash fund has $58.30 in coins and currency plus $386.00 in receipts at the end of the month. The entry to replenish the petty cash fund will include: Multiple Choice O A debit to Cash for $39170 O A credit to Cash for $39170 O A debit to Cash for $3803 A credit to Cash Over and Short for $5.70. A debit to Petty Cash for $386.00

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