Question: Please solve theattached exercise. Brief Exercise 8-6 The cash register tape for Bluestem Industries reported sales of $27,402.00. Record the journal entry that would be
Please solve theattached exercise.
Brief Exercise 8-6
The cash register tape for Bluestem Industries reported sales of $27,402.00. Record the journal entry that would be necessary for each of the following situations. (a) Cash to be accounted for exceeds cash on hand by $53.50. (b) Cash on hand exceeds cash to be accounted for by $20.50. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.)
| No. | Account Titles and Explanation | Debit | Credit |
| (a) | |||
| (b) | |||
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