FUNDAMENTAL ACCOUNTING PRINCIPLES
24th Edition
ISBN: 9781264044375
Author: Wild
Publisher: McGraw-Hil
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Chapter 8, Problem 5QS
Cash Over and Short P1
Record the
a. The cash register's record shows $420 of cash sales, but the count of cash in the register is $430.
b. The cash register's record shows $980 of cash sales, but the count of cash in the register is $972.
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Entry for cash sales; cash short
The actual cash received from cash sales was $35,440, and the amount indicated by the cash register total was $35,474.
Journalize the entry to record the cash receipts and cash sales. If an amount box does not require an entry, leave it blank.
Chapter 8 Solutions
FUNDAMENTAL ACCOUNTING PRINCIPLES
Ch. 8 - Prob. 1DQCh. 8 - Prob. 2DQCh. 8 - Prob. 3DQCh. 8 - Prob. 4DQCh. 8 - Prob. 5DQCh. 8 - Prob. 6DQCh. 8 - Which of the following assets—inventory, building,...Ch. 8 - Prob. 8DQCh. 8 - Prob. 9DQCh. 8 - Prob. 10DQ
Ch. 8 - Prob. 11DQCh. 8 - Prob. 12DQCh. 8 - Prob. 13DQCh. 8 - Prob. 1QSCh. 8 - Prob. 2QSCh. 8 - Prob. 3QSCh. 8 - Prob. 4QSCh. 8 - Cash Over and Short P1 Record the journal entry...Ch. 8 - Prob. 6QSCh. 8 - Prob. 7QSCh. 8 - Prob. 8QSCh. 8 - Prob. 9QSCh. 8 - Prob. 10QSCh. 8 - Prob. 11QSCh. 8 - Exercise 8-1 Analyzing internal control...Ch. 8 - Prob. 2ECh. 8 - Prob. 3ECh. 8 - Prob. 4ECh. 8 - Prob. 5ECh. 8 - Prob. 6ECh. 8 - Prob. 7ECh. 8 - Prob. 8ECh. 8 - Prob. 9ECh. 8 - Prob. 10ECh. 8 - Prob. 11ECh. 8 - Prob. 12ECh. 8 - Prob. 13ECh. 8 - Prob. 14ECh. 8 - Exercise 8-15 Liquid assets and accounts...Ch. 8 - Prob. 16ECh. 8 - Prob. 1APSACh. 8 - Prob. 2APSACh. 8 - Prob. 3APSACh. 8 - Prob. 4APSACh. 8 - Prob. 5APSACh. 8 - Prob. 1BPSBCh. 8 - Prob. 2BPSBCh. 8 - Prob. 3BPSBCh. 8 - Prob. 4BPSBCh. 8 - Prob. 5BPSBCh. 8 - Prob. 8SPCh. 8 - Prob. 1GLPCh. 8 - Prob. 1AACh. 8 - Prob. 2AACh. 8 - Prob. 3AACh. 8 - Prob. 1BTNCh. 8 - Prob. 2BTNCh. 8 - Prob. 3BTNCh. 8 - Prob. 4BTNCh. 8 - Prob. 5BTNCh. 8 - Prob. 6BTN
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- Entry for Cash Sales; Cash Short The actual cash received from cash sales was $18,371, and the amount indicated by the cash register total was $18,400. Journalize the entry to record the cash receipts and cash sales. For a compound transaction, if an amount box does not require an entry, leave it blank. Cash Cash Short and Over Salesarrow_forwardRecord the journal entry for Sales and for Cash Over and Short for each of the following separate situations. The cash register’s record shows $590 of cash sales, but the count of cash in the register is $634. The cash register’s record shows $1,184 of cash sales, but the count of cash in the register is $1,142.arrow_forwardThe actual cash received from cash sales was $33,161 and the amount indicated by the cash register total was $33,185. Journalize the entry to record the cash receipts and cash sales. For a compound transaction, if an amount box does not require an entry, leave it blank. Cash fill in the blank 2 fill in the blank 3 Cash Short and Over fill in the blank 5 fill in the blank 6 Sales fill in the blank 8 fill in the blank 9arrow_forward
- Entry for Cash Sales; Cash Short The actual cash received from cash sales was $35,699, and the amount indicated by the cash register total was $35,731. Journalize the entry to record the cash receipts and cash sales. If an amount box does not require an entry, leave it blank. Cash fill in the blank 2 fill in the blank 3 Cash Short and Over fill in the blank 5 fill in the blank 6 Sales fill in the blank 8 fill in the blank 9arrow_forwardEntry for Cash Sales; Cash Over The actual cash received from cash sales was $14,806 and the amount indicated by the cash register total was $14,778. Journalize the entry to record the cash receipts and cash sales. For a compound transaction, if an amount box does not require an entry, leave it blank.arrow_forwardEntry for Cash Sales; Cash Short The actual cash received from cash sales was $31,072 and the amount indicated by the cash register total was $31,093. Journalize the entry to record the cash receipts and cash sales. For a compound transaction, if an amount box does not require an entry, leave it blank.arrow_forward
- The actual cash received from cash sales was $32,443, and the amount indicated by the cash register total was $32,473. Journalize the entry to record the cash receipts and cash sales. If an amount box does not require an entry, leave it blank. blank Account Debit Credit blankarrow_forwardunc.1 At end of the day, the cash register's record shows $180, but the count of cash in the cash register is $177. The correct entry to record the cash sales for the day is: A. Dr Cash 177Dr Cash over and short 3Cr Sales 180 B. Dr Cash 180Cr Cash over and short 3Cr Sales 177 C. Dr Cash 177 Cr Sales 177 D. Dr Cash 180 Cr Sales 180arrow_forwardThe actual cash received from cash sales was $14,953 and the amount indicated by the cash register total was $14,922. Journalize the entry to record the cash receipts and cash sales, I an amount box does not require an entry, leave it blank.arrow_forward
- Entry for Cash Sales; Cash Over The actual cash received from cash sales was $12,100 and the amount indicated by the cash register total was $12,074. Journalize the entry to record the cash receipts and cash sales. If an amount box does not require an entry, leave it blank. 88 D Accounts Receivable Accounts Payable Cash Short and Over Petty Casharrow_forwardThe cash register tape for Shamrock Industries reported sales of $ 9,207.80. Record the journal entry that would be necessary for each of the following situations. (a) Sales per cash register tape exceeds cash on hand by $ 68.80. (b) Cash on hand exceeds cash reported by cash register tape by $ 37.94. (Round answ to 2 decimal places, e.g. 52.75. Credit account titles are automatically indented when amount is entered. Do not indent manually.) swersarrow_forwarddon't give answer in image formatarrow_forward
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