The cash register tape for Bluestem Industries reported sales of $6,871.50. Record the journal entry that would

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The cash register tape for Bluestem Industries reported sales of $6,871.50. Record the journal entry that would be necessary for each of the following situations. 

(a) Sales per cash register tape exceeds cash on hand by $50.75. 

(b) Cash on hand exceeds cash reported by cash register tape by $28.32.

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Related Book For  answer-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1119493631

9th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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