Business, 06.09.2021 20:30 lilbrown6369
The cash in a cash register equaled $100, but the record of cash receipts/sales equaled $102. Determine which of the following entries is correct to record cash sales and the shortage.
A. Debit Cash $102 and credit Sales $102.
B. Debit Cash $100; debit Cash Over and Short $2; and credit Sales $102.
C. Debit Cash $102; credit Cash Over and Short $2; and credit Sales $102.
D. Debit Cash $100; credit Cash Over and Short $2; and credit Sales $102.
Answers: 1
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