Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Entry for cash sales; cash short The actual cash received from cash sales was $41,863, and the amount indicated by the cash register total was
Entry for cash sales; cash short
The actual cash received from cash sales was $41,863, and the amount indicated by the cash register total was $41,895.
Journalize the entry to record the cash receipts and cash sales. If an amount box does not require an entry, leave it blank.
Account | Debit | Credit | |
---|---|---|---|
Accounts PayableAccounts ReceivableCashPetty CashSales | - Select - | - Select - | |
Accounts PayableAccounts ReceivableCash Short and OverPetty CashSales | - Select - | - Select - | |
Accounts PayableAccounts ReceivableCashCash Short and OverSales | - Select - | - Select - |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started