The cash register tape for Leprechaun Industries reported sales of $6,891.56. Record the journal entry that would

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The cash register tape for Leprechaun Industries reported sales of $6,891.56. Record the journal entry that would be necessary for each of the following situations:

(1) Cash to be accounted for exceeds cash on hand by $50.75.

(2) Cash on hand exceeds cash to be accounted for by $28.32.

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Sep 20, 2011 08:30 AM

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The cash register tape for Leprechaun Industries reported sales of $6,891.56. Record the journal entry that would

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