While examining cash receipts information, the accounting department determined the following information: opening cash balance $$161,$ cash on hand $$1,019\mathrm{.}25,$ and cash sales per register tape $$873\mathrm{.}00.$

Prepare the required journal entry. $($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$.52\mathrm{.}75.)$

Account Titles and Explanation