Royal Jewels, a retail business, started business on June 25, 2019. It keeps a $300 change fund in its cash register. The cash receipts for the period from June 25 to June 30, 2019 are below.

DATE TRANSACTIONS

June 25: Cash sales per the cash register tape, $1,237. Cash count, $1,530.

June 26: Cash sales per the cash register tape, $1,351. Cash count, $1,641.

June 27: Cash sales per the cash register tape, $1,361. Cash count, $1,662.

June 28: Cash sales per the cash register tape, $1,293. Cash count, $1,583.

June 29 Cash sales per the cash register tape, $1,137. Cash count, $1,440.

June 30 Cash sales per the cash register tape, $1,379. Cash count, $1,669.

Required:

2. Record the cash receipts from June 25 to June 30, 2019, 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?

Cumecthineducation.com/flow/connect.html Student Success T...Mac File help Daily Tarot Reading.. Imported From Safari Microsoft Office Ho... QBusine ignment Saved General Journal General Ledger Analyze Record the cash receipts in a general journal View transaction list Journal entry worksheet Cash sales per the cash register tape, $1,237. Cash count, $1,530. Note: Enter debits before credits Date Debit Credit Jun 25, 2019 Record entry Clear entry View general journal