Question: Note: All JE's require Explanations. Exercise 9.1 Journalizing cash receipts. (Objective 1) Southern Gift Shop, a retail business, started business on April 29, 2010. It

Note: All JE's require Explanations. Exercise 9.1 Journalizing cash receipts. (Objective

Note: All JE's require Explanations. Exercise 9.1 Journalizing cash receipts. (Objective 1) Southern Gift Shop, a retail business, started business on April 29, 2010. It keeps a $250 change fund in its cash register. The cash receipts for the period from April 29 to April 30, 2010, are shown below. Start the general journal with page 1 DATE TRANSACTIONS April 29 Cash sales per the cash register tape, $1,600. Cash count, $1,843. Cash sales per the cash register tape, $1,510. Cash count, $1,765. 30 Date Account / Description PR Dr. Cr. JE Explanation JE Explanation Calculations Required: 1600 1510 April 29th April 30th Formula: Cash count: Change Fund: Bank Deposit: Sales: Under/Over Be sure to use properCE format including explanations

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