In the first month of operations, the total of the debit entries to the cash account amounted to $2,200 and the total of the credit entries to the cash account amounted to $1,600. What is the balance in the cash account?
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- The actual cash received from the day’s cash sales was $27,214, and the amount indicated by the cash register total was $27,236. a. What is the amount deposited in the bank for the day's sales?$fill in the blank 1 b. What is the amount recorded for the day's sales?$fill in the blank 2 c. How should the difference be recorded? of $fill in the blank 4 should be recorded as d. If a cashier is consistently over or short, what action should be taken?A company's Cash account shows a balance of $3,460 at the end of the month. Comparing the company's Cash account with the monthly bank statement reveals several additional cash transactions such as bank service fees ($50), an NSF check from a customer ($370), a customer's note receivable collected by the bank ($1,600), and interest earned ($130). Required: Record the necessary entry(ies) to adjust the company's balance for cash. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the items that increase cash. 2 Note: Enter debits before credits. Transaction Record entry General Journal Clear entry Debit Credit View general JournalThe companys balance sheet showed an accounts receivble balance of $80,000 at the begininng of the year and $47,000 at the end of the year. The company reported $720,000 in credit sales for the year. What was the amount of cash collected on account receivables durig the year
- At the end of the day, the cash register tape lists $1,021.18 as total income from services. Cash on hand consists of $17.66 in coins, $749.91 in currency, $70.00 in traveler's checks, and $276.27 in customers' checks. The amount of the Change Fund is $100. Required: Record the entry to record the day's cash revenue. If an amount box does not require an entry, leave it blank.At the end of the day, the cash register tape lists $1,147.42 as total income from services. Cash on hand consists of $21.13 in coins, $547.52 in currency, $70.00 in traveler's checks, and $603.62 in customers' checks. The amount of the Change Fund is $100. Required: Record the entry to record the day's cash revenue. If an amount box does not require an entry, leave it blank.The actual cash received from cash sales was $49,822 and the amount indicated by the cash register total was $49,615. Journalize the entry to record the cash receipts and cash sales. Refer to the Chart of Accounts for exact wording of account titles
- At the end of the day, the cash register tape lists $885.69 as total income from services. Cash on hand consists of $15.68 in coins, $459.77 in currency, $90.00 in traveler's checks, and $409.74 in customers' checks. The amount of the Change Fund is $100. Required: Record the entry to record the day's cash revenue. If an amount box does not require an entry, leave it blank. GENERAL JOURNAL PAGE DATE DESCRIPTION DOC. NO. POST. REF. DEBIT CREDIT Cash Cash Short and Over Income from Services To record revenue earned during the day involving a cash shortage of $10.50.A company's general ledger shows a cash balance of $4,570. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $2,840, bank service fees of $180, and interest earned of $24. Calculate the correct balance of cash. Cash balanceAt the end of the day, the cash register tape lists $881.40 as total income from services. Cash on hand consists of $18.25 in coins, $433.60 in currency, $100.00 in traveler's checks, and $427.00 in customers' checks. The amount of the Change Fund is $100. How would I record this entry in a journal, what would be debited and credited and how much?
- The actual cash received during the week ended June 7 for cash sales was $18,921, and the amount indicated by the cash register total was $18,903. Journalize the entry for cash receipts and cash sales for the week. If an amount box does not require an entry, leave it blank. June 7A company had beginning accounts receivable of $175,000. All sales were on account and totaled $550,000. Cash collected from customers totaled $650,000. Calculate the ending accounts receivable balance.The actual cash received during the week ended June 7 for cash sales was $19,081, and the amount indicated by the cash register total was $19,023. Journalize the entry to record the cash receipts and cash sales.If an amount box does not require an entry, leave it blank. June 7