On June 4, Marie Company had cash sales rung up by cashiers totaling $120,500. Cash in the
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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. 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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