Question: On June 4, Marie Company had cash sales rung up by cashiers totaling $120,500. Cash in the drawer was counted and found to be $126,000.

On June 4, Marie Company had cash sales rung up by cashiers totaling $120,500. Cash in the drawer was counted and found to be $126,000. The journal entry to record the sales for June 4, would include a:

Multiple Choice

debit to Sales Revenue for $120,500.

debit to Cash for $120,500.

credit to Sales Revenue for $126,000.

credit to Cash Overage for $5,500.

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