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At the End of the Day,the Cash Register Tape Shows

Question 122

Multiple Choice

At the end of the day,the cash register tape shows $1,000 in cash sales but the count of cash in the register is $1,010.The proper entry to record the cash sales is:


A) Debit Cash $1,000; credit Sales $1,000.
B) Debit Cash $1,010; credit Sales $1,010.
C) Debit Cash $1,010; credit Sales $1,000; credit Cash Over and Short $10.
D) Debit Cash $1,000; debit Cash Over and Short for $10; credit Sales $1,010.
E) Debit Cash Over and Short $10; credit Cash $10.

Correct Answer:

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