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Problem 9.1A (Static) Journalizing cash receipts, cash short or over, and posting to the general ledger. LO 9-1 Candy's Cupcakes, a retail business, started business
Problem 9.1A (Static) Journalizing cash receipts, cash short or over, and posting to the general ledger. LO 9-1 Candy's Cupcakes, a retail business, started business on June 25, 20X1. It keeps a $300 change fund in its cash register. The cash receipts for the period from June 25 to June 30, 20X1, are below. DATE TRANSACTIONS June 25 Cash sales per the cash register tape, $1,238. Cash count, $1,529. 26 Cash sales per the cash register tape, $1,346. Cash count, $1,640. 27 Cash sales per the cash register tape, $1,359. Cash count, $1,661. 28 Cash sales per the cash register tape, $1,288. Cash count, $1,582. Cash sales per the cash register tape, $1,135. Cash count, $1,439. 30 Cash sales per the cash register tape, $1,374. Cash count, $1,668. 29 Required: 2. Record the cash receipts from June 25 to June 30, 20X1, in a general journal. 3. Post the amounts for Cash Short or Over in the journal entries to the general ledger Required: 2. Record the cash receipts from June 25 to June 30, 20X1, in a general journal. 3. Post the amounts for Cash Short or Over in the journal entries to the general ledger. Analyze: How will the balance in Cash Short or Over on June 30 be reported in the financial statements? Complete this question by entering your answers in the tabs below. General Journal General Ledger Analyze Record the cash receipts from June 25 to June 30, 20X1, in a general journal. View transaction list Journal entry worksheet 1 2 3 4 5 6 Prev 1 of 4 Next > Site Journal entry worksheet Cash sales per the cash register tape, $1,238. Cash count, $1,529. Note: Enter debits before credits. Date General Journal Debit Credit June 25, 20X1 Record entry Clear entry View general journal Journal entry worksheet Cash sales per the cash register tape, $1,346. Cash count, $1,640. Note: Enter debits before credits. Date General Journal Debit Credit June 26, 20X1 Record entry Clear entry View general journal Journal entry worksheet 2 3 4 5 6 > Cash sales per the cash register tape, $1,359. Cash count, $1,661. Note: Enter debits before credits Date General Journal Debit Credit June 27, 20X1 Record entry Clear entry View general Journal Journal entry worksheet
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