Business, 11.03.2020 05:11 NabzDayer5214

A cash register tape reflected total sales equaling $100, but the cash in the cash register drawer equaled $105. Review the statements below and determine which is correct regarding this discrepancy.1. The cash Over and Short account wlll be credited for $5. The Sales account will be credited for $105. 2. The cash Over and Short account wlll be debited for $5. The Sales account will be credited for $100. 3. The extra $5 collected wlll be treated as a miscellaneous revenue. if! The cash account will be debited for $105.

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A cash register tape reflected total sales equaling $100, but the cash in the cash register drawer e...

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