if a cashier rang up sales totaling $4.000, but had only $3.997 to deposit which journal entry would be recorded? A debit to: O Sales of $4.000 and Cash Shortage of S3 and a credit to Cash of $3.997. O Cash of $3.997 and a credit to Cash Shortage of $3 and Sales Revenue of $4.000. O Cash of S3.997 and Cash Shortage of $3 and a credit to Sales Revenue of $4.000. Cash of $3.997 and Cash Shortage of $3 and a credit to Unearned Revenue of $4,000.
if a cashier rang up sales totaling $4.000, but had only $3.997 to deposit which journal entry would be recorded? A debit to: O Sales of $4.000 and Cash Shortage of S3 and a credit to Cash of $3.997. O Cash of $3.997 and a credit to Cash Shortage of $3 and Sales Revenue of $4.000. O Cash of S3.997 and Cash Shortage of $3 and a credit to Sales Revenue of $4.000. Cash of $3.997 and Cash Shortage of $3 and a credit to Unearned Revenue of $4,000.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 10
if a cashier rang up sales totaling $4,000, but had only $3,997 to deposit, which journal entry would be recorded? A debit to:
O Sales of $4,000 and Cash Shortage of S3 and a credit to Cash of $3.997.
O Cash of $3.997 and a credit to Cash Shortage of $3 and Sales Revenue of $4.000.
O Cash of $3.997 and Cash Shortage of $3 and a credit to Sales Revenue of $4,000.
O Cash of $3.997 and Cash Shortage of $3 and a credit to Unearned Revenue of $4,000.
A Moving to another question will save this response.
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