Instruction Chart of Accounts General Journal Instruction The following selected transactions relate to cash collections for a firm that maintains a $100 change fund at all times. Present entries to record the transactions for each of the two days of cash receipts from sales Required: (a) On December 30 actual cash in cash register, 54. 116. cash receipts per cash register taly $4,144 (b) On December 31, actual cash in cash register, 55182cash receipts per cash register faly 35070 *Refer to the Chart of Accounts for exact wording of account titles 1131 PM o Thi CHART OF ACCOUNTS Tor General Ledger ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 120 Accounts Receivable 131 Notes Receivable EXPENSES 132 Interest Receivable 510 Cost of Merchandise Sold 141 Merchandise Inventory 515 Credit Card Expense 145 Supplies 516 Cash Short and Over Instruction Chart of Accounts Th 151 Prepaid Insurance 520 Salaries Expense for 181 Land 531 Advertising Expense 532 Delivery Expense 191 Equipment 192 Accumulated Depreciation 533 Insurance Expense 534 Supplies Expense LIABILITIES 535 Rent Expense 210 Accounts Payable 536 Repairs Expense 561 Depreciation Expense 221 Notes Payable 222 Interest Payable 591 Miscellaneous Administrative Expense 231 Salaries Payable 592 Miscellaneous Selling Expense 241 Sales Tax Payable 710 Interest Expense 2+1 Je lan Tayable I IU EQUITY 310 Common Stock 311 Retained Earnings