Chec Jim Sullivan is the owner and manager of Auto Spa. Auto Spa provides various car wash and car detailing services. Auto Spa also sells snacks and gift items in its waiting area. Auto Spa has one cash register, where all payments from customers are received. There is a $400 change fund in the cash register at the beginning of each day. There are two cash register clerks, George and Alice, who work two different shifts during the day. Jim is quite busy as an owner and operator of the car wash and trusts George and Alice completely. Jim does not see the need to count out the cash register drawers with George or Alice after their shifts are ended. Additionally, Jim prints out a cash register tape at the end of the day but does not compare it to the deposit During the first week of August, Jim noticed an increase in business. However, the cash deposits to the bank were less than Jim thought they should be. He has contacted you for advice. You have compiled the sales per the cash register tapes, and the cash counts, for the period from August 1 to August 7. These amounts are as follows: 1. Calculate the total amount of cash sales and cash shortages for the period August 1 to August 7 2. Prepare a journal entry dated August 7 that summarizes the cash sales and cash shortages from August 1 to August int ences Complete this question by entering your answers in the tabs below. Stock-873507500g kolibri-800-45009 celine-ruterb.... bence-ball-schott.jpg h-BuF...jpg arch Complete this question by entering your answers in the tabs below. Cash Log General Journal GA Calculate the total amount of cash sales and cash shortages for the period August 1 to August 7. (Round your answers to 2 decimal places.) Less: Sales, Per the Date Cash Count Bank Change Amount Cash Register Deposit Fund Tape Short August 1 $ 2,486 20 2,222 50 August 2 2.352.80 2.135 90 August 3 2.471.45 2.303 45 August 4 2,597 20 2.287 30 August 5 2.644.05 2.335 45 August 6 2,450.10 2.15550 August 7 2.492 40 2.255.90 Totals $ 17,494 20 $ 0.00 0.00 $ 15 696.00 $ iStock-873507500.jpg kolibri-800x450.jpg celine-ruiz-baw.jpg bence-ball-schott.jpg 19 Journal entry worksheet kolibri-800x450.jpg celine-ruiz-rrabaw....JPG BuF.jpg bence-ball-schott....jpg Date General Journal Debit Aug 07, 2019 Accounts payable Accounts receivable Cash Cash short or over Record ei Stock-873507500g kolibri-800-45009 celine-ruterb.... bence-ball-schott.jpg h-BuF...jpg arch Complete this question by entering your answers in the tabs below. Cash Log General Journal GA Calculate the total amount of cash sales and cash shortages for the period August 1 to August 7. (Round your answers to 2 decimal places.) Less: Sales, Per the Date Cash Count Bank Change Amount Cash Register Deposit Fund Tape Short August 1 $ 2,486 20 2,222 50 August 2 2.352.80 2.135 90 August 3 2.471.45 2.303 45 August 4 2,597 20 2.287 30 August 5 2.644.05 2.335 45 August 6 2,450.10 2.15550 August 7 2.492 40 2.255.90 Totals $ 17,494 20 $ 0.00 0.00 $ 15 696.00 $ iStock-873507500.jpg kolibri-800x450.jpg celine-ruiz-baw.jpg bence-ball-schott.jpg 19 Journal entry worksheet kolibri-800x450.jpg celine-ruiz-rrabaw....JPG BuF.jpg bence-ball-schott....jpg Date General Journal Debit Aug 07, 2019 Accounts payable Accounts receivable Cash Cash short or over Record ei
