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Brief Exercise 5-5 While examining cash receipts information, the accounting department determined the following information: opening cash balance $162, cash on hand $1,215.80, and cash
Brief Exercise 5-5 While examining cash receipts information, the accounting department determined the following information: opening cash balance $162, cash on hand $1,215.80, and cash sales per register tape $1,067.71. Prepare a tabular analysis of the required adjustment based upon the cash count sheet. (If a transaction results in a decrease in Assets, Labilities or Stockholders' Equity, place negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. Round answers to 2 decimal places, e.g. 52.75.) Assets Liabilities Stockholders' Equity Revenues Expenses Cash Click if you would like to Show Work for this question: Modify Show Work
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