On a recent day, Pence Company obtained the following data from its cash registers: Pence deposits its
Question:
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Pence deposits its cash receipts in its bank account daily.
Required:
Prepare a journal entry to record these cash sales.
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Related Book For 
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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