Royal Jewels, 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, $1,223. Cash count, $1,514. 26 Cash sales per the cash register tape, $1,331. Cash count, $1,625. 27 Cash sales per the cash register tape, $1,344. Cash count, $1,646. 28 Cash sales per the cash register tape, $1,273. Cash count, $1,567. 29 Cash sales per the cash register tape, $1,120. Cash count, $1,424. 30 Cash sales per the cash register tape, $1,359. Cash count, $1,653. 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 General Journal Ledger Analyze Record the cash receipts from June 25 to June 30, 20x1, in a general journal. View transaction list View journal entry worksheet Debit Credit No 1 Date General Journal June 25, 20X1 No Transaction Recorded (General Journal General Ledger > Royal Jewels, 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, $1,223. Cash count, $1,514. 26 Cash sales per the cash register tape, $1,331. Cash count, $1,625. 27 Cash sales per the cash register tape, $1,344. Cash count, $1,646. 28 Cash sales per the cash register tape, $1,273. Cash count, $1,567. 29 Cash sales per the cash register tape, $1,120. Cash count, $1,424. 30 Cash sales per the cash register tape, $1,359. Cash count, $1,653. 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 General Journal Ledger Analyze Post the amounts for Cash Short or Over in the journal entries to the general ledger. GENERAL LEDGER Cash Short or Over Date Debit Account No. 620 Credit Balance Royal Jewels, 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, $1,223. Cash count, $1,514. 26 Cash sales per the cash register tape, $1,331. Cash count, $1,625. 27 Cash sales per the cash register tape, $1,344. Cash count, $1,646. 28 Cash sales per the cash register tape, $1,273. Cash count, $1,567. 29 Cash sales per the cash register tape, $1,120. Cash count, $1,424. 30 Cash sales per the cash register tape, $1,359. Cash count, $1,653. 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 General Journal Ledger Analyze How will the balance in Cash Short or Over on June 30 be reported in the financial statements? General Ledger Analyze
