EX 8-13 Entry for cash sales; cash over
The actual cash received from cash sales was $13,590, and the amount indicated by the cash register total was $13,540. Journalize the entry to record the cash receipts and cash sales.
Answer:
Cash................................. 13,590
Sales................................................ 13,540
Cash Short and Over.............................. 50
Answer:
Cash................................. 13,590
Sales................................................ 13,540
Cash Short and Over.............................. 50