Journalize the entry to record the cash receipts

Assignment Help Accounting Basics
Reference no: EM132681368

Problem - Entry for cash sales; cash short

The actual cash received from cash sales was $27,943, and the amount indicated by the cash register total was $28,000. Journalize the entry to record the cash receipts and cash sales.

Reference no: EM132681368

Questions Cloud

Common business problems addressed by big data analytics : What are the common business problems addressed by Big Data analytics? In the era of Big Data, are we about to witness the end of data warehousing?
Analyze changes in technology : Explain the roles of communication, collaboration, and shared decision making and Analyze changes in technology and their effect on quality patient care
Contemporary global information technology program : Compare contemporary global information technology program. describe how an organization chooses which model for implementing
Considering the importance of data in organization : Considering the importance of data in organization, it is absolutely essential to secure the data present in the database
Journalize the entry to record the cash receipts : The amount indicated by the cash register total was $28,000. Journalize the entry to record the cash receipts and cash sales
Determine the level of risk and frequency of the problem : Determine the level of risk and frequency of the problem. This will provide you with the scope and significance of the problem
What is the biggest challenge facing leaders today : What is the biggest challenge facing leaders today?
Fundamentals associated with cybersecurity : Research the fundamentals associated with cybersecurity, choose one and explain why this fundamental is essential.
How is lego group a socially responsible : How is Lego group a socially responsible, ethical and environmentally sustainable company, what polices directly contribute to its competitive advantage.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd