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The cash register tape for Larkspur Industries reported sales of $7,146.30. Record the journal entry that would be necessary for each of the following situations.

The cash register tape for Larkspur Industries reported sales of $7,146.30.

Record the journal entry that would be necessary for each of the following situations. (a) Sales per cash register tape exceed cash on hand by $52.78. (b) Cash on hand exceeds cash reported by cash register tape by $29.45. (Round 2 decimal places)

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