The following selected transactions relate to cash collections for a firm. Present entries to record the transactions for each of the two days of cash receipts from sales. (a) Actual cash in cash register, $5,412.36; cash receipts per cash register tally, $5,413.07. (b) Actual cash in cash register, $3,712.95; cash receipts per cash register tally, $3,712.16. Round your answers to two decimal places. If an amount box does not require an entry, leave it blank or enter "0". (a) (b)

a) Journal Entries to record transactions (Amount in $)

Account Titles Debit Credit

Cash 5,412.36

Cash Short and Over 0.71

(5,413.07 - 5,412.36)

Sales 5,413.07

The actual cash in cash register is debited to cash account and cash receipts per cash register tally is credited to sales account and the balancing figure is debited or credited to Cash short and over account.

b) Journal Entries to record transactions (Amount in $)

Account Titles Debit Credit

Cash 3,712.95

Cash Short and Over 0.79

(3,712.95 - 3,712.16)

Sales 3,712.16