Chapter 1.2, Problem 3Q

General Accounting

Valley Creek Store's daily register records an opening float of $300. During the day, the store made $2,850 in cash sales and $3,400 in credit card sales, while processing $240 in returns. Based on these transactions, calculate the expected cash amount in the register at the end of the day.

Sherfield Company uses a normal costing system, applying overhead.... Need answer the general accounting question