Ask Question
30 March, 16:17

The actual cash received during the week ended June 7 for cash sales was $18,468, and the amount indicated by the cash register total was $18,389. Required: Journalize the entry to record the cash receipts and cash sales. Refer to the Chart of Accounts for exact wording of account titles.

+4
Answers (1)
  1. 30 March, 16:18
    0
    Debit Credit

    Cash $18,468

    Sales $18,468

    (Being Cash sales made.)

    Sales Commission Expense 79

    Cash 79

    (Being commission paid on sales.)

    So thus the balance of cash book = $18468 - 79 = $18,389
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The actual cash received during the week ended June 7 for cash sales was $18,468, and the amount indicated by the cash register total was ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers