Question: Use this chart and the information below it to balance the cash drawer and determine the net profit or loss. $ Beginning Cash Balance: $300.00
Use this chart and the information below it to balance the cash drawer and determine the net profit or loss. $ Beginning Cash Balance: $300.00 Ending Amount in Cash Drawer: Denomination Number of bills/coins $20.00 bills 9 $10.00 bills 7 $5.00 bills 5 $1.00 bills 3 Half - Dollar 2 Quarters 4 Dimes 6 Nickels 8 Pennies 10 In addition, you have: Credit cards: $235.00 Checks: $330.62 Finally, the office manager authorized the following refunds be paid from your drawer: Kevin Hicks $5.00 Ben J. Men $205.00 S.P. Wall $15.00 Mr. Hines $25.00
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