Prepare the journal entries to record the cash service fees and cash short and over for each of the five weeks. If an amount box does not require an entry, leave it blank. When required, enter amounts in dollars and cents. Do not enter the posting reference until you have completed part 2. Post to the cash short and over account (use Account No. 516). Enter in chronological order. If an amount box does not require an entry, leave it blank. When required, enter amounts in dollars and cents. After you post to the general ledger, go back and complete the posting in part 1 for the cash short and over account only. Determine the ending balance of the cash short and over account. 3a. Does it represent an expense or revenue?

Cash Short and Over Entries* Listed below are the weekly cash register tape amounts for service fees and the related cash counts during the month of July . A change fund of $ 100 is maintained . Cash Register* Actual Cash Date Change Fund Receipt Amount Counted July 2 $ 100 $ 284. 50 $387. 00 July 5 100 311.50 $ 1 1. 50 July 15 100 3:05. 00 $108. 50 July 23 100 317. 50 $ 15. 00 July 30 100 295. 00 394. 501 . Prepare the journal Entries to record the cash service fees and cash short and over for each of the five weeks . If GENERAL JOURNAL PAGE & DATE DESCRIPTION POST. REF . DEBIT CREDIT 20 - \\Jul . Record service FEES and cash shortage \\Jul . ` Record SERVICE FEES Jul . IF Record service fees and cash overage \\Jul . 23 Record service Fees and cash shortage Ju1 . 30 Record service fees and cash averagecash short and over account only ." GENERAL LEDGER ACCOUNT Cash Short and over ACCOUNT NO . 516 BALANCE DATE ITEM POST . REF . DEBIT CREDIT DEBIT CREDIT 20 - JO 18 JB 18 3 . Determine the ending balance of the cash short and over account . Does it represent an expense or revenue ?"