Scharf Company Is a Retailer Located in a State Without

Essay

Scharf Company is a retailer located in a state without sales tax. The following data were given to you to complete the transactions for the day's sales to be recorded. All cash drawers start with $100 in change.Record the journal entries for EACH cash register to determine the cashier's accuracy. $\begin{array}{lrrrr}&\text { Reg. } 1&\text { Reg. } 2&\text { Reg. } 3&\text { Reg. } 4\\\text { Cash in drawer } & \$ 974.50 & \$ 1,383.66 & \$ 939.46 & \$ 1,137.91 \\\text { Sales reading } & 879.50 & 1,298.16 & 839.46 & 1,030.33 \\\hline \text { Difference }\end{array}$ ​ $\begin{array}{|c|c|c|}\hline \text { Description } & \text { Debit } & \text { Credit } \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline\end{array}$