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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
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, $1,232. Canh count, $1,526. 24 Cash sales per the cash register tape, $1,345. Cash count, 81,637. 27 Cash sales per the cash register tape, $1,353. Cash count, $1,658. 28 Cash sales per the cash register tape, $1,287. Cash count, $1,579. 25 Cash sales per the canh register tape, $1,134. Cash count, $1,436. 30 Cash sales per the cash register tape, $1,373. Cash count. $1.665. 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 ar Analyze al X 01:13:54 1 Cash sales per the cash register tape, $1,232. Cash count, $1,526. 2 Cash sales per the cash register tape, $1,345. Cash count, $1,637. 3 Cash sales per the cash register tape, $1,353. Cash count, $1,658. Credit 4 Cash sales per the cash register tape, $1,287. Cash count, $1,579. 5 Cash sales per the cash register tape, $1,134. Cash count, $1,436. Note : journal entry has been entered 80 01:13:45 2 Cash sales per the cash register tape, $1,345. Cash count, $1,637. 3 Cash sales per the cash register tape, $1,353. Cash count, $1,658. 4 Cash sales per the cash register tape, $1,287. Cash count, $1,579. Credit 5 Cash sales per the cash register tape, $1,134. Cash count, $1,436. 6 Cash sales per the cash register tape, $1,373. Cash count, $1,665. Note : - Journal entry has been entered Record entry Clear entry View general Journal Complete this question by entering your answers in the tabs below. General Journal General Ledger Analyze Post the amounts for Cash Short or Over in the journal entries to the general ledger GENERAL LEDGER Cash Short or Over Account No. 620 Date +ebit Credit Balance (General Journal Analyze ) 8 01:02 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 entdring your answers in the tabs below. General Journal General Ledger Analyze How will the balance in Cash Short or Over on June 30 be reported in the financial statements?
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