The following selected transactions relate to 2 days' cash collections for a firm that maintains a $100 change fund at all times a. Actual cash in cash register, $3,036; cash receipts per cash register tally, $3,125. b. Actual cash in cash register, $3,452; cash receipts per cash register tally, $3,354. Journalize the sales and cash receipts for each of the 2 days. If an amount box does not require an entry, leave it blank. a. Cash Cash Short and Over Sales b. Cash 189 3125
The following selected transactions relate to 2 days' cash collections for a firm that maintains a $100 change fund at all times a. Actual cash in cash register, $3,036; cash receipts per cash register tally, $3,125. b. Actual cash in cash register, $3,452; cash receipts per cash register tally, $3,354. Journalize the sales and cash receipts for each of the 2 days. If an amount box does not require an entry, leave it blank. a. Cash Cash Short and Over Sales b. Cash 189 3125
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section: Chapter Questions
Problem 1AP
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![The following selected transactions relate to 2 days' cash collections for a firm that maintains a $100 change fund at all times:
a. Actual cash in cash register, $3,036; cash receipts per cash register tally, $3,125.
b. Actual cash in cash register, $3,452; cash receipts per cash register tally, $3,354.
Journalize the sales and cash receipts for each of the 2 days. If an amount box does not require an entry, leave it blank.
a. Cash
Cash Short and Over
Sales
b. Cash
Cas Short and Over
Sales
189
3125
M](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2e5caa4f-70a5-4e9b-9cd4-231b34f6cd3f%2F99a90bf8-26dd-4504-bb58-5013f019a61a%2Ftoihfhc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following selected transactions relate to 2 days' cash collections for a firm that maintains a $100 change fund at all times:
a. Actual cash in cash register, $3,036; cash receipts per cash register tally, $3,125.
b. Actual cash in cash register, $3,452; cash receipts per cash register tally, $3,354.
Journalize the sales and cash receipts for each of the 2 days. If an amount box does not require an entry, leave it blank.
a. Cash
Cash Short and Over
Sales
b. Cash
Cas Short and Over
Sales
189
3125
M
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