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15 November, 05:48

Entry for Cash Sales; Cash Over The actual cash received from cash sales was $10,644 and the amount indicated by the cash register total was $10,619. 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.

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  1. 15 November, 09:19
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    The journal entry is as follows

    Cash Dr $10,644

    To Sales revenue $10,619

    To Cash short and over $25

    (Being the cash sales and the cash receipts is recorded)

    We simply debited the cash account and credited the sales revenue and remaining balance is transferred to cash short and over account so that the proper posting could be done
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Home » Business » Entry for Cash Sales; Cash Over The actual cash received from cash sales was $10,644 and the amount indicated by the cash register total was $10,619. Journalize the entry to record the cash receipts and cash sales.
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