The actual cash received during the week ended October 31 for cash sales was $23

Question

The actual cash received during the week ended October 31 for cash sales was $23,447.00 and the amount indicated by the cash register total was $23,457.00. Journalize the entry to record the cash receipts and cash sales.

The first box In the first column options: Accounts payable, Accounts Reciveable, cash or sales

The second box in the first column options: accounts payable, accounts recievable, cash short and over or sales

The last box column options: accounts recievable, accounts payable, cash, or sales.

Explanation / Answer

Solution-

Date Account Titles & Explanation Debit Credit October 31 Cash $23,447 Cash Short and Over $10.00 Sales $23,557

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