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Question 3 of 5 0.78/1 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. The cash register tape for Kingbird
Question 3 of 5 0.78/1 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. The cash register tape for Kingbird Industries reported sales of $7,008.50. 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 $51.76. (b) Cash on hand exceeds cash reported by cash register tape by $28.88. (Round answers to 2 decimal places, e.g. 52.75. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Transactions Account Titles and Explanation (a) Cash 7,008.50 Cash Over and Short 51.76 Sales Revenue 7,060.260 (b) cash 7,008.50 Sales Revenue Cash Over and Short 28.88
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