Record the journal entry for Sales and for Cash Over and Short for each of the following separate situations. The cash register’s record shows $590 of cash sales, but the count of cash in the register is $634. The cash register’s record shows $1,184 of cash sales, but the count of cash in the register is $1,142.

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter7: Accounting For Cash
Section: Chapter Questions
Problem 4CE
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Record the journal entry for Sales and for Cash Over and Short for each of the following separate situations.

  1. The cash register’s record shows $590 of cash sales, but the count of cash in the register is $634.
  2. The cash register’s record shows $1,184 of cash sales, but the count of cash in the register is $1,142.

 

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