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Search ecampus Login Web AMT U Haul. Point of Sale Log W Amerco Intranet Login b

ID: 2518440 • Letter: S

Question

Search ecampus Login Web AMT U Haul. Point of Sale Log W Amerco Intranet Login bu Haul MCC Superior National Bank & Week 3 Assignment Royal Jewels, a retail business, started business on June 25, 2019. It keeps a $300 change fund in its cash register The for the period from June 25 to June 30, 2019 are below. DATE TRANSACTIONS June 25 Cash sales per the cash register tape, $1, 227 Cash count, $1,517. Cash count, $1,628. Cash count, $1, 649. Cash count, $1,570. Cash count, S1, 427 Cash count, $1,656. 5 points 26 Cash sales per the cash register tape, $1,337. 27 Cash sales per the cash register tape, $1,345. 28 Cash sales per the cash register tape, $1,279. 29 Cash sales per the cash register tape, $1,126 30 Cash sales per the cash register tape, $1, 365. eBook Required: 2. Record the cash receipts from June 25 to June 30, 2019, in a general journal. 3. Post the amounts for Cash Short or Over in the journal entries to the general ledger. Analyze: How will the balance in Cash Short or Over on June 30 be reported in the financial statements? Prev 1 of 2Next> O Type here to search

Explanation / Answer

Royal Jewels General Journal from June25 to Nune 30., 2019 Date Account Title Debit Credit June 25, 2019 Cash 1517 Cash short or over 10 Sales 1527 June 26,2019 Cash 1628 Cash short or over 9 Sales 1637 June 27,2019 Cash 1649 Cash short or over 4 Sales 1645 June 28, 2019 Cash 1570 Cash short or over 9 Sales 1579 June 29, 2019 Cash 1427 Cash short or over 1 Sales 1426 June 30, 2019 Cash 1656 Cash short or over 9 Sales 1665 GENERAL LEDGER Cash Short or Over Account No.620 Date Debit Credit Balance Jun.25 10 10 Dr Jun.26 9 19 Dr Jun.27 4 15 Dr Jun.28 9 24 Dr Jun.29 1 23 Dr Jun.30 9 32 Dr Expense on income statement $32.00

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