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The following selected transactions relate to cash collections for a firm that maintains a $100 change fund at all times. Present entries to record the

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The following selected transactions relate to cash collections for a firm that maintains a $100 change fund at all times. Present entries to record the transactions for each of the two days of cash receipts from sales Required: (a) On December 30, actual cash in cash register, 84,109, cash receipts per cash register taly, S4,147." (b) On December 31, actual cash in cash register, 85,289, cash receipts per cash register taly, 55, 174. *Refer to the Chart of Accounts for exact wording of account titles On April 1, 10,000 shares of $5 par common stock were issued at $24, and on April 7, 4,000 shares of $50 par preferred stock were issued at $106. Required: Journalize the entries for April 1 and 7. Refer to the Chart of Accounts for exact wording of account titles. On December 22, Travis Company purchased merchandise on account from a supplier for $7.100, terms 2/10, net 30. Travis Company paid for the merchandise within the discount period on December 31 Required: Under a perpetual inventory system, record the journal entries required for the above transactions. Refer to the Chart of Accounts for exact wording of account titles

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