Youve just been hired as an accountant at the Murdstone Co., a retailer of supplies for arts and crafts. Since the previous accountant left his position suddenly, the controller of Murdstone Co. has asked for your assistance in filling in some missing data for the companys January accounting records. Youll also be responsible for training the companys new accounting intern.

CHART OF ACCOUNTS

Murdstone Co.

General Ledger

	ASSETS
110	Cash
111	Petty Cash
112	Accounts Receivable
115	Merchandise Inventory
117	Office Supplies
118	Prepaid Insurance
120	Land
123	Store Equipment
124	Accumulated Depreciation-Store Equipment
125	Office Equipment
126	Accumulated Depreciation-Office Equipment

	LIABILITIES
210	Accounts Payable
211	Salaries Payable
212	Unearned Rent
213	Customer Refunds Payable
215	Notes Payable

	EQUITY
310	Edward Murdstone, Capital
311	Edward Murdstone, Drawing

	REVENUE
410	Sales
610	Rent Revenue

	EXPENSES
510	Cost of Merchandise Sold
516	Cash Short and Over
520	Sales Salaries Expense
521	Advertising Expense
522	Depreciation Expense-Store Equipment
523	Delivery Expense
529	Miscellaneous Selling Expense
530	Office Salaries Expense
531	Rent Expense
532	Depreciation Expense-Office Equipment
533	Insurance Expense
534	Office Supplies Expense
539	Miscellaneous Administrative Expense
710	Interest Expense

Cash Short and Over

The controller has completed the T accounts for the Cash and Sales accounts as of January 30, but needs to attend an important conference in another city. She has requested that you prepare the T account for the Cash Short and Over account as of January 30 also. You are told that the balance of the account is zero as of the beginning of January, and that all the companys sales are in cash.

Review the following T accounts, and then scroll down to complete the Cash Short and Over T account and answer the associated question that follows it.

Cash
Balance 1/1/Y5	5,500	1/2/Y5 Establish Petty Cash	500
1/5/Y5	2,800
1/12/Y5	6,305
1/23/Y5	3,270
1/30/Y5	4,450
Balance	21,825

Sales
		Balance 1/1/Y5	0
		1/5/Y5	2,805
		1/12/Y5	6,295
		1/23/Y5	3,320
		1/30/Y5	4,400
		Balance	16,820

Review the T accounts previously shown, and then complete the Cash Short and Over T account and the following associated question.

Cash Short and OverBalance

Balance 1/1/Y5 0 DATE Amount

DATE Amount DATE Amount

DATE Amount __________

DATE Amount Balance Amount

I need the DATE and Amount answers above the Cash short and overbalance.