In: Accounting
At the end of the day, the cash register tape lists $881.40 as total income from services. Cash on hand consists of $18.25 in coins, $433.60 in currency, $100.00 in traveler's checks, and $427.00 in customers' checks. The amount of the Change Fund is $100.
Required:
Record the entry to record the day's cash revenue. If an amount box does not require an entry, leave it blank.
GENERAL JOURNAL | PAGE | |||||
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DATE | DESCRIPTION | DOC. NO. | POST. REF. | DEBIT | CREDIT | |
To record revenue earned during the day involving a cash shortage of $2.55. |