At the end of the day the clerk for Kens Variety Shop notice an error in the amount of cash he should have. Total cash sales from the sales tape were $1192, whereas the total cash in the register was $1152. Ken keeps a $25.00 change fund in his shop. Prepare an appropriate general journal entry to record the cash sales as well as reveal the cash shortage.

EXERCISE 6A-5

Beginning change fund

+ Cash register total

= Cash should have on hand

- Counted cash

= Shortage or overage of cash

GENERAL JOURNAL

Date

Account Titles and Description

PR

Dr.

Cr.