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E. The following selected transactions relate to cash collections for a firm that maintains a $200 change fund at all times. Present entries to record
E. The following selected transactions relate to cash collections for a firm that maintains a $200 change | ||||||||||||||
fund at all times. Present entries to record the transactions for each of the two days of cash receipts | ||||||||||||||
from sales. Use the alphabetic character for your date. Indent credits. | ||||||||||||||
(a) Actual cash in cash register, $3,210.22; includes the change fund, cash receipts per cash register tally, $3,015.22. | ||||||||||||||
(b) Actual cash in cash register, $3,114.96; includes the change fund, cash receipts per cash register tally, $2,912.96. | ||||||||||||||
JOURNAL | PAGE | |||||||||||||
DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT | ||||||||||
1 | 1 | |||||||||||||
2 | 2 | |||||||||||||
3 | 3 | |||||||||||||
4 | 4 | |||||||||||||
5 | 5 | |||||||||||||
6 | 6 | |||||||||||||
7 | 7 | |||||||||||||
8 | 8 | |||||||||||||
9 | 9 | |||||||||||||
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