At the end of the day the clerk for Aaron's Variety Shop noticed an error in the amount of cash he should have. Total cash sales from the sales tape were $1,206, whereas the total cash in the register was $1,158. Aaron keeps a $24 change fund in his shop. Prepare an appropriate general journal entry to record the cash sale as well as reveal the cash shortage (Prepare a compou entry Record debits first, then credits Exclude explanations from journal entries.) Accounts Journal Entry PR Dr. Cr. CDC)

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Cash Book

So, before coming to the topic of cash books, I will let you briefly explain about the cash so that you all can be familiar with the word cash. Cash comes under the category of the current asset which is used as a medium of exchange for all the financial transactions in the firm. Cash is something that is universally accepted as a mode of payment. So, now comes to the topic i.e., cash book.