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I need help doing this 1. The actual cash received during the week ended January 16 for cash sales was $7 and the amount indicated
I need help doing this
1. The actual cash received during the week ended January 16 for cash sales was $7 and the amount indicated by the cash register total was $7,413. Journalize the entry to record the cash receipts and cash sales. ,427 Journal Post Ref Date Description Debit Credit 2. Journalize the entries to record the following: Mar 1 Mar 31 Established a petty cash fund of $300 The amount of cash in the petty cash fund is now $64. The fund is replenished based on the following receipts: office supplies, 137; selling expenses, $112. Record any discrepancy in the cash short and over account. Journal Post Ref Debit Credit Date DescriptionStep by Step Solution
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