Post the differences between the cash count and the cash register tape to the Cash Short...
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Post the differences between the cash count and the cash register tape to the Cash Short and Over T account. Assume a change fund of $100. Date Cash Register Tape Cash Count Sept. 7 $1,295.89 $1,402.89 8 1,678.55 1,787.55 941.76 1,044.76 10 1,446.62 1,545.62 11 1,614.13 1,714.13 When required, enter amounts in dollars and cents. Cash Short and Over Bal. 1. What is the amount of cash sales for the week? 2. What is the balance in the cash short and over account? 3. Does the balance in the cash short and over account represent a shortage or overage? 4. How much cash was deposited? Post the differences between the cash count and the cash register tape to the Cash Short and Over T account. Assume a change fund of $100. Date Cash Register Tape Cash Count Sept. 7 $1,295.89 $1,402.89 8 1,678.55 1,787.55 941.76 1,044.76 10 1,446.62 1,545.62 11 1,614.13 1,714.13 When required, enter amounts in dollars and cents. Cash Short and Over Bal. 1. What is the amount of cash sales for the week? 2. What is the balance in the cash short and over account? 3. Does the balance in the cash short and over account represent a shortage or overage? 4. How much cash was deposited?
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Answer DateCash CountChange FundBank DepositSales as pe... View the full answer
Related Book For
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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