The actual cash received from cash sales was $83,452, and the amount indicated by the cash register
Question:
The actual cash received from cash sales was $83,452, and the amount indicated by the cash register total was $83,480. Journalize the entry to record the cash receipts and cash sales.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
Cash 8345...View the full answer
Answered By
David Muchemi
I am a professional academic writer with considerable experience in writing business and economic related papers. I have been writing for my clients who reach out to me personally after being recommended to me by satisfied clients.
I have the English language prowess, no grammatical and spelling errors can be found in my work. I double-check for such mistakes before submitting my papers.
I deliver finished work within the stipulated time and without fail. I am a good researcher on any topic especially those perceived to be tough.
I am ready to work on your papers and ensure you receive the highest quality you are looking for. Please hire me to offer my readily available quality service.
Best regards,
4.60+
27+ Reviews
61+ Question Solved
Related Book For
Corporate Financial Accounting
ISBN: 9781337398169
15th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Question Posted:
Students also viewed these Business questions
-
The actual cash received from the day's cash sales was $9,380 and the amount indicated by the cash register total was $9,300. a. What is the amount deposited in the bank for the day's sales? b. What...
-
The actual cash received from cash sales was $36,183, and the amount indicated by the cash register total was $36,197. a. What is the amount deposited in the bank for the days sales? b. What is the...
-
The actual cash received from cash sales was $11,279, and the amount indicated by the cash register total was $11,256. a. What is the amount deposited in the bank for the days sales? b. What is...
-
The following recreation demand function is for a beach: x = 4 (p/500) + q. The visitation amount is represented by x (times), the travel cost is represented by p (yen), and the water quality is...
-
Spitfire SE started as a company on January 2, 2020, but was unable to begin manufacturing activities until July 1, 2020, because new factory facilities were not completed until that date. The Land...
-
The smooth rod of mass M rests inside the glass. Determine the reactions on the rod. Given: M = 20 gm a = 75 mm b = 200 mm = 40 deg g = 9.81m/s2 b.
-
Why are PROLOG and LISP so well suited to Artificial Intelligence research? Do you think languages such as C++ and Java could also be used for such research?
-
Using the data given for Toy Truck Corporation in E10A and assuming that the company uses the average costing method, prepare a process cost report that computes the equivalent units for November,...
-
In 2021 John and Larry filed a joint tax return. They are cash-basis taxpayers. They paid the following. They itemize their deductions. FICA taxes on their wages $1,000 Property tax on home in Los...
-
The following pretax amounts were obtained from the financial records of Wayne Company for 2018: Retained earnings (1/1/18) Sales revenues Rent revenue Cost of goods sold Selling and administrative...
-
The actual cash received from cash sales was $315,280, and the amount indicated by the cash register total was $315,150. Journalize the entry to record the cash receipts and cash sales.
-
Financial statement data for years ending December 31 for Newton Company follow: Determine the days cash on hand for 20Y8 and 20Y9. Round all calculations to one decimal place. 209 $25,500 8,270...
-
(a) What would be the frequencies of the two absorption bands expected to be most prominent in the infrared spectrum of 4-hydroxycycloheptanone (C)? (b) In reality, the lower frequency band of these...
-
Who should decide the compensation packages of executives of publicly traded companies? How should the decision on the compensation packages be made? In your response, make sure you comment on the...
-
What does it mean that political campaigns are candidate-centered?
-
Who should be involved in an organization change effort, and how should they be involved?
-
What are the overall skills required to manage resources in order to deliver a task, product or service known as?
-
Cockpit Resource Management (CRM) was developed during which of the Four Eras of Commercial Aviation Safety?
-
Analyze the following limits. lim x-3- x 3x .2
-
The packaging division of a company having considered several alternative package designs for the company's new product has finally brought down their choices to two designs of which only one has to...
-
Two projects have an identical net present value of $9,000. Are both projects equal in desirability?
-
What are the major disadvantages of the use of the net present value method of analyzing capital investment proposals?
-
What are the major disadvantages of the use of the net present value method of analyzing capital investment proposals?
-
2. After scouting a number of locations, your financial analysts have settled on a desirable location for one of the firm's new manufacturing plants. However, the state income and local property...
-
The "one-time good deal" Cash-For-Clunkers program offered by the federal government proved a temporary boon for car dealers. In addition to this program, dealers were eager to add their own...
-
1. You are Chief Financial Officer for a company that sells contact lenses by mail order to a notional market. Despite the national presence, the firm's facilities are all located in one state. Your...
Study smarter with the SolutionInn App