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The cash register tape for Sheffield Industries reported sales of $27,282.00. Record the journal entry that would be necessary for each of the following situations.

image text in transcribed The cash register tape for Sheffield Industries reported sales of $27,282.00. 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 $54.00. (b) Cash on hand exceeds cash reported by cash register tape by $20.50. (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, e.g. 52.75 .)

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