Chapter 07 Homework D 1. EX.07.07A 2. PR.07.11A ogress: 2/2 items eBook Cash Short and Over...

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Chapter 07 Homework D 1. EX.07.07A 2. PR.07.11A ogress: 2/2 items eBook Cash Short and Over Entries Listed below are the weekly cash register tape amounts for service fees and the related cash counts during the month of July. A change fund of $100 is maintained. Date July 2 9 16 23 30 DATE 20-- Jul. 2 Jul. 9 Required: 1. Prepare the journal entries to record the cash service fees and cash short and over for each of the five weeks. Enter the posting reference when you post to the ledger in part 2. GENERAL JOURNAL PAGE 8 CREDIT Jul. 16 Change Fund $100 100 100 100 100 Jul. 23, Print Item Cash Register Receipt Amount DESCRIPTION Record service fees $289.50 311.50 306.00 317.50 296.00 Record service fees and cash shortage Record service fees and cash overage. Actual Cash Counted $387.00 411.50 408.50 415.00 399.50 Check My Work 3 more Check My Work uses remaining. POST. REF. CHIN DEBIT A Chapter 07 Homework D 1. EX.07.07A 2. PR.07.11A baress: 2/2 items eBook Jul. 16 Jul. 23 Jul. 30 Record service fees 20-- Record service fees and cash overage Print Item Record service fees and cash shortage Record service fees and cash overage 2. Post to the cash short and over account (use Account No. 516). ACCOUNT DATE Cash Short and Over ITEM Does it represent an expense, or revenue? GENERAL LEDGER Check My Work 3 more Check My Work uses remaining. POST. REF. 18 18 18 3. Determine the ending balance of the cash short and over account. 18 DEBIT CREDIT ACCOUNT NO. 516 BALANCE DEBIT CREDIT Chapter 07 Homework D 1. EX.07.07A 2. PR.07.11A ogress: 2/2 items eBook Cash Short and Over Entries Listed below are the weekly cash register tape amounts for service fees and the related cash counts during the month of July. A change fund of $100 is maintained. Date July 2 9 16 23 30 DATE 20-- Jul. 2 Jul. 9 Required: 1. Prepare the journal entries to record the cash service fees and cash short and over for each of the five weeks. Enter the posting reference when you post to the ledger in part 2. GENERAL JOURNAL PAGE 8 CREDIT Jul. 16 Change Fund $100 100 100 100 100 Jul. 23, Print Item Cash Register Receipt Amount DESCRIPTION Record service fees $289.50 311.50 306.00 317.50 296.00 Record service fees and cash shortage Record service fees and cash overage. Actual Cash Counted $387.00 411.50 408.50 415.00 399.50 Check My Work 3 more Check My Work uses remaining. POST. REF. CHIN DEBIT A Chapter 07 Homework D 1. EX.07.07A 2. PR.07.11A baress: 2/2 items eBook Jul. 16 Jul. 23 Jul. 30 Record service fees 20-- Record service fees and cash overage Print Item Record service fees and cash shortage Record service fees and cash overage 2. Post to the cash short and over account (use Account No. 516). ACCOUNT DATE Cash Short and Over ITEM Does it represent an expense, or revenue? GENERAL LEDGER Check My Work 3 more Check My Work uses remaining. POST. REF. 18 18 18 3. Determine the ending balance of the cash short and over account. 18 DEBIT CREDIT ACCOUNT NO. 516 BALANCE DEBIT CREDIT

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