The easiest way to make change is to count up from the purchase total to the...
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The easiest way to make change is to count up from the purchase total to the amount of money given to you by the customer. Although cash register systems often tell you the exact amount of change to give, you should always be prepared to count change without the assistance of the cash register. For example, if the purchase amount was $12 and the customer gives you a $20 bill, keep the $20 bill visible on the ledge above the register or on top of the drawer compartments and, starting with $12, take out $1 bills, one at a time until you reach $15 ($3), then add another $5 bill to make $20. The total change the customer receives is $8 ($3+$5). You can count it back to the customer in this way, "Your total is $12; (counting up)...13, 14, 15 and 5 makes $20r First count the money into your own hand. Then count it into the customer's hand. Don't lay the money on the counter. It is more courteous and respectful to count it directly into the customer's hand. EXERCISE 26 Making Change Calculate the correct amount of change needed for the following purchases. Use the smallest number of coins and bills possible. The customer gives you $10 for a toothbrush totaling $4.75. The customer gives you $50 for a book totaling $37.79. The customer gives you four $20 bills for a video game that totals $67.33. The customer gives you two $100 bills, two $50 bills and one $20 bill for a clothing purchase totaling $312.69 The customer gives you $20.25 for a food purchase totaling $16.25. The easiest way to make change is to count up from the purchase total to the amount of money given to you by the customer. Although cash register systems often tell you the exact amount of change to give, you should always be prepared to count change without the assistance of the cash register. For example, if the purchase amount was $12 and the customer gives you a $20 bill, keep the $20 bill visible on the ledge above the register or on top of the drawer compartments and, starting with $12, take out $1 bills, one at a time until you reach $15 ($3), then add another $5 bill to make $20. The total change the customer receives is $8 ($3+$5). You can count it back to the customer in this way, "Your total is $12; (counting up)...13, 14, 15 and 5 makes $20r First count the money into your own hand. Then count it into the customer's hand. Don't lay the money on the counter. It is more courteous and respectful to count it directly into the customer's hand. EXERCISE 26 Making Change Calculate the correct amount of change needed for the following purchases. Use the smallest number of coins and bills possible. The customer gives you $10 for a toothbrush totaling $4.75. The customer gives you $50 for a book totaling $37.79. The customer gives you four $20 bills for a video game that totals $67.33. The customer gives you two $100 bills, two $50 bills and one $20 bill for a clothing purchase totaling $312.69 The customer gives you $20.25 for a food purchase totaling $16.25.
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1 The customer gives you 10 for a toothbrush totaling 475 To calculate the correct amount of change we subtract the purchase amount from the amount gi... View the full answer
Related Book For
Accounting Information Systems basic concepts and current issues
ISBN: 978-0078025334
3rd edition
Authors: Robert Hurt
Posted Date:
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