Question: Cornerstone Exercise 4-21 (Algorithmic) Cash Over and Short On a recent day, Pence Company obtained the following data from its cash registers: Register 1 Register

Cornerstone Exercise 4-21 (Algorithmic) Cash Over and Short On a recent day, Pence Company obtained the following data from its cash registers: Register 1 Register 2 Register 3 Cash Sales per Register Tape $12,656.12 11,429.57 11,591.18 Cash in Register after Removing Opening Change $12,647.07 (Record cash register receipts) 11,427.47 11,590.18 Pence deposits its cash receipts in its bank account daily. Required: Prepare a journal entry to record these cash sales. If an amount box does not require an entry, leave it blank. Round your answers to two decimal places. 88

Cornerstone Exercise 4-21 (Algorithmic) Cash Over and Short On a recent day, Pence Company obtained the following data from its cash registers: Pence deposits its cash receipts in its bank account dally. Required: Prepare a journal entry to record these cash sales. If an amount box does not require an entry, leave it blank. Round your answers to two decimal places

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