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The Amount of Cash in the Cash Register from Sales

Question 116

Multiple Choice

The amount of cash in the cash register from sales totals $534. The amount for sales recorded on the cash register tape was $530. Which journal entry is required?


A) Cash in Bank 530 Sales 530
B) Cash in Bank 534 Sales 534
C) Cash in Bank 534 Sales 530
Cash Over and Short 4
D) Cash in Bank 530 Cash Over and Short 4
Sales 534

Correct Answer:

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