Glass Company is a retail business. On 5/1, Glass Company had cash sales per the cash register tape of $925. However, the cash count was $926. The journal entry that Glass Company will make on 5/1 includes: (Check all that apply.) Debit to Cash for $926 Credit to Sales for $925 Credit to Sales for $926 Credit to Cash Short and Over for $1 Debit to Cash Short and Over for $1

Glass Company is a retail business. On 5/1, Glass Company had cash sales per the cash register tape of $925. However, the cash count was $926. The journal entry that Glass Company will make on 5/1 includes: (Check all that apply.) Debit to Cash for $926 Credit to Sales for $925 Credit to Sales for $926 Credit to Cash Short and Over for $1 Debit to Cash Short and Over for $1

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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