Multiple Choice
If a cashier rang up sales totaling $4,000,but had only $3,997 to deposit,which journal entry would be recorded? A debit to:
A) Cash of $3,997 and Cash Shortage of $3 and a credit to Sales Revenue of $4,000.
B) Sales of $4,000 and Cash Shortage of $3 and a credit to Cash of $3,997.
C) Cash of $3,997 and a credit to Cash Shortage of $3 and Sales Revenue of $4,000.
D) Cash of $3,997 and Cash Shortage of $3 and a credit to Unearned Revenue of $4,000.
Correct Answer:

Verified
Correct Answer:
Verified
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