Cash Over and Short Maestro Enterprises deposits the cash received during each day at the end of the day. Maestro deposited $47,845 on October 3 and $50,811 on October 4. Cash register records and other documents supporting the deposits are summarized as follows: Cash sales Collections on account 10/3 10/4 $38,560 $43,170 8,380 7,655 Total receipts Required: $46,940 $50,825 1. Calculate the amount of cash over or cash short for each day. Enter negative values as negative numbers. Cash Over (Short) 10/3 10/4 2. Prepare the journal entry to record the receipt and deposit of cash on October 3. If an amount box does not require an entry, leave it blank. Oct. 3 Check My Work Next>