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At the end of the day, the cash register tape lists $1,080.28 as total income from services. Cash on hand consists of $15.58 in coins,

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At the end of the day, the cash register tape lists $1,080.28 as total income from services. Cash on hand consists of $15.58 in coins, $607.39 in currency, $110.00 in traveler's checks, and $437.48 in customers' checks. The amount of the Change Fund is $100. Required: Record the entry to record the day's cash revenue. If an amount box does not require an entry, leave it blank. GENERAL JOURNAL PAGE POST. DATE DESCRIPTION DOC. NO. DEBIT CREDIT REF. Cash 15.58 X 15.58 X 15.58 X 15.58 X Cash Short and Over 0 Income from Services 1,080.26 To record revenue earned during the day involving a cash shortage of $9.83 Foodtak Check My Work Remember when you deposit cash at the end of the day, you have to hold out the amount of the change fund. If the day's receipts are less than the register reading then a cash shortage exists. If more, then a cash overage exists. Both shortages and overages are recorded in the same account which is Cash Short (Expense) and Over (Revenue). The total amount of remaining cash plus or minus short/over must equal the day's receipts

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