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.

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter2: Descriptive Statistics
Section: Chapter Questions
Problem 19P: Suppose that the average waiting time for a patient at a physicians office is just over 29 minutes....
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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.
Transcribed Image Text:Timed Test This test has a time limit of 1 hour and 25 minutes. This test will save and submit automatically when the time expires. Warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain. Multiple Attempts Not allowed. This test can only be taken once. Force Completion This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test. Your answers are saved automatically. Remaining Time: 1 hour, 24 minutes, 08 seconds. Question Completion Status: A Moving to another question will save this response. 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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