Scharf Company is a retailer located in a state without sales tax. The following data were given to you to complete the transactions for the day's sales to be recorded. A cash drawers start with $100 in change. Reg. 1 Reg. 2 Reg. 3 Reg. 4 Cash in drawer $974.50 $1,383.66 $939.46 $1,137.91 Sales reading 879.50 1,298.16 839.46 1.030.33 Difference Record the Journal Entries for EACH cash register to determine the cashier's accuracy. Round your answers to two decimal places. If an amount box does not require an entry, leave it blank. Reg. 1 Reg. 2 Reg. 3 Reg. 4

Scharf Company is a retailer located in a state without sales tax. The following data were given to you to complete the transactions for the day's sales to be recorded. A cash drawers start with $100 in change. Reg. 1 Reg. 2 Reg. 3 Reg. 4 Cash in drawer $974.50 $1,383.66 $939.46 $1,137.91 Sales reading 879.50 1,298.16 839.46 1.030.33 Difference Record the Journal Entries for EACH cash register to determine the cashier's accuracy. Round your answers to two decimal places. If an amount box does not require an entry, leave it blank. Reg. 1 Reg. 2 Reg. 3 Reg. 4

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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