The actual cash received from the days cash sales was $3,625, and the amount indicated by the

Question:

The actual cash received from the day’s cash sales was $3,625, and the amount indicated by the cash register total was $3,640.

a. What is the amount deposited in the bank for the day’s sales?

b. What is the amount recorded for the day’s sales?

c. How should the difference be recorded?

d. If a cashier is consistently over or short, what action should be taken?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Survey Of Accounting

ISBN: 9780357132593

9th Edition

Authors: Carl S. Warren, Amanda Farmer

Question Posted: