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Mostly sunny -/4 1 The cash register tape for Lily Industries reported sales of $27.162.00 Record the journal entry that would be necessary for

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Mostly sunny -/4 1 The cash register tape for Lily Industries reported sales of $27.162.00 Record the journal entry that would be necessary for each of the following situations. (a) Sales per cash register tape exceeds cash on hand by $49.00. (b) Cash on hand exceeds cash reported by cash register tape by $26.00 (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, eg. 52.75) No. Account Titles and Explanation (a) (b) a Debit Credit 9:48 AM ENG T

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