At the end of the day, the clerk for Garrets Variety Shop noticed an error in the

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At the end of the day, the clerk for Garret’s Variety Shop noticed an error in the amount of cash he had. Total cash sales from the sales tape were $1,196, while the total cash in the till was $1,156. As part of his cash, Pete keeps a $29 change fund in his shop. Prepare an appropriate general journal entry to record error in the cash sale entry as well as reveal the cash shortage.

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Related Book For  answer-question

College Accounting A Practical Approach

ISBN: 978-0134166698

13th Canadian edition

Authors: Jeffrey Slater, Debra Good

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