Question: Problems Problem 1 Indicate the correct section of the cashier's daily report in which the following activities will be entered. Accounted For Section To

Problems Problem 1 Indicate the correct section of the cashier's daily report in which the following activities will be entered. "Accounted For" Section "To Be Accounted For" Section Customer charges Cash to be deposited Sales Customer collections Initial change fund Sales tax Return of change fund Control total Problem 2 The cashier's daily report is being prepared. The total of the To Be Accounted For section is $2,080.20 and the total of the Accounted For section is $2,080.30. Is there an overage or a shortage for this shift? Problem 3 The Ranger Inn has a $400 change fund for each shift. The following is the summary of the cashier's daily report: To Be Accounted For Sales Sales tax Collections Control total $812.36 40.60 Accounted For Cash for deposit Paid outs $1,300.90 10.56 100.50 Customer charges 42.00 $953.46 Accounted for $1,353.46 What appears to be the reason for the discrepancy between the Control total and the Accounted for amounts? Problem 4 Tom's Diner has a $100 change fund for each shift. The following is the summary of today's register activity: the cash drawer contains $685.25 cash, paid-out slips totaling $8.23, and a customer charge of $9.45. The register readings show sales of $607.58 and sales tax of $28.93. Determine the cash overage or shortage for the day.

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