The following selected transactions relate to cash collections for a firm that maintains a $100 change fund at all times. Present entries to record the transactions for each of the two days of cash receipts from sales.
Required:
(a) On December 30, actual cash in cash register, $5,058; cash receipts per cash register tally, $5,081
(b) On December 31, actual cash in cash register, $3,612; cash receipts per cash register tally, $3,499
Refer to the Chart of Accounts for exact wording of account titles.
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