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At the End of the Day, the Cash Register's Record

Question 91

Multiple Choice

At the end of the day, the cash register's record shows $2,050, but the count of cash in the cash register is $2,058. The correct entry to record the cash sales is


A) Debit Cash $2,058; credit Sales $2,058.
B) Debit Cash $2,050; debit Cash Over and Short $8; credit Sales $2,058.
C) Debit Cash Over and Short $8, credit Sales $8.
D) Debit Cash $2,058; credit Cash Over and Short $8; credit Sales $2,050.
E) Debit Cash $2,050; credit Sales $2,050.

Correct Answer:

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