Question: Enabled: EXAM 3 - Ch.8,9,10 i Saved Help Save & Exit Submi At the end of the day, the cash register tape shows $1,440 in

Enabled: EXAM 3 - Ch.8,9,10 i Saved Help Save & Exit Submi At the end of the day, the cash register tape shows $1,440 in cash sales, but the count of cash in the register is $1,560. The proper entry to account for this excess is: Multiple Choice O Debit Cash $1,440; debit Cash Over and Short for $120; credit Sales $1,560. O Debit Cash Over and Short $120; credit Cash $120 O Debit Cash $1,440; credit Sales $1,440. O Debit Cash $1,560; credit Sales $1,440; credit Cash Over and Short $120. O Debit Cash $1,560; credit Sales $1,560.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
