On a recent day, Pence Company obtained the following data from its cash registers: Pence deposits its
Question:
Pence deposits its cash receipts in its bank account daily.
Required:
Prepare a journal entry to record these cashsales.
Transcribed Image Text:
Register 1 Register 2 Register 3 Cash Sales per Register Tape $12,656.12 11,429.57 11,591.18 Cash in Register after Removing Opening Change $12,649.81 11,432.16 11,590.18
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-0324787351
1st Edition
Authors: Rich Jones, Mowen, Hansen, Heitger
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