Question
Record the journal entry for Sales and for Cash Over and Short for each of the following separate situations. The cash registers record shows $440
Record the journal entry for Sales and for Cash Over and Short for each of the following separate situations.
The cash registers record shows $440 of cash sales, but the count of cash in the register is $454.
The cash registers record shows $1,004 of cash sales, but the count of cash in the register is $992.
| No | Transaction | General Journal | Debit | Credit |
|---|---|---|---|---|
| 1 | a. | Cash | 454 | |
| Cash over and short | 440 | |||
| Sales | 14 | |||
| 2 | b. | Cash | ||
| Cash over and short | ||||
| Sales |
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Auditing An International Approach
Authors: Wally Smieliauskas, Amy Kwan, Kathleen Cogliano, Catherine Barrette
8th Canadian Edition
1259451275, 978-1259451270
