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Cash Over and Short At the end of each day, Sparkle counts the cash in its cash registers. Sparkle then compares the physical amount
Cash Over and Short At the end of each day, Sparkle counts the cash in its cash registers. Sparkle then compares the physical amount of cash to the amount of cash that the register tape indicates should be in the cash drawer. On a recent day, Sparkle Company obtained the following data from its cash registers: Cash Sales per Register Tape $13,436.23 Register 1 Register 2 Register 3 16,120.47 12,871.12 Cash in Register after Removing Opening Change $13,432.57 16,122.62 12,868.48 Sparkle deposits its cash receipts in its bank account daily. Required: Prepare a journal entry to record these cash sales. If an amount box does not require an entry, leave it blank. Round your answers to two decimal places, if necessary. Cash Cash Over and Short Sales Revenue
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