Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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 $47.00. (b) Cash on hand exceeds cash reported by cash register tape by $26.50. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, eg. 52.75.) No. Account Titles and Explanation (a) (b) Debit Credit
image text in transcribed
image text in transcribed
Record the iournal entry thut would be necessary for each of the following situations. (a) Sales per cashregister tape exceeds cash on hand by $47.00 (b) Canh on hand exceeds cash reported by cash register tape by $28.50. alist all dehit entries before credit entries. Credit acrount titles are automaticelly indented when amount is entered Do not indent manually. Round answers to 2 decimol places, (5,5253 The cash register tape for Concord industries reported sales of $28,33200. 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 $47.00. (b) Cash on hand exceeds cash reported by cash register tape by $26.50. ( ist all drbit entries hefore credit entriex. Credit occount titles are automatically indented when amount is entered. Do not indent manually. Round amwers to 2 decimal places, c. 52.751

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Do Energy Audit Of Your Home The Complete WorkBook For Young Mind

Authors: Pranab Nath

1st Edition

B0C2S47K82, 979-8391164623

More Books

Students also viewed these Accounting questions