Journalize the entry to record the cash receipts

Assignment Help Managerial Accounting
Reference no: EM133128229

Question - The actual cash received from cash sales was $37,144 and the amount indicated by the cash register total was $37, 179. Journalize the entry to record the cash receipts and cash sales. If an amount box does not require an entry, leave it blank.

Reference no: EM133128229

Questions Cloud

How/why did conflict escalate : How/why did the conflict escalate? What would the student have done differently, based on what he or she has learned in the class?
Obtain annual data on the total unemployment rate : Using the OECD database, obtain annual data (for 1991-2020) on the total unemployment rate (15 to 64 years) and the inflation rate for Canada.
Assess how management planning practices interfere : Assess how the management planning practices interfere with or prohibit the organization's ability to optimally function.
Compute the receivable turnover ratio : Suppose the total sales are $183,464,000, the gross income is $190,380,000, the net income is $28,436,000, Compute the receivable turnover ratio
Journalize the entry to record the cash receipts : The amount indicated by the cash register total was $37, 179. Journalize the entry to record the cash receipts and cash sales
Analyze effect of google decision to restructure : Analyze the effect of Google's decision to restructure itself under a new holding after 2015. If you conclude that this move was beneficial for Google,
Annual inflation rate and annual unemployment rate : Using the OECD database, obtain annual data (for 1991-2020) on the total unemployment rate (15 to 64 years) and the inflation rate for Canada.
Evaluate this case based on the six pillars of character : Cody believes that one piece of property is only worth $250,000, Evaluate this case based on the six pillars of character for each party
Why the stackelberg leader produces more output : Explain why investing in inflexible technology can allow an incumbent to credibly deter rival output. Use pay-off matrices to illustrate your answer.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Explain what is meant by the term operating leverage

Explain what is meant by the term operating leverage. What impact does increased leverage have on risk? How can sensitivity analysis be used in conjunction with CVP analysis?

  Explain the concept of cost behaviour analysis

Explain the concept of Cost Behaviour Analysis. How is the High-Low method utilized to determine the components of mixed costs.

  Compute the predetermined overhead rates

Compute the predetermined overhead rates used in the Molding Department and the Painting Department. Compute the total overhead cost applied to Job 205

  Find what is contribution margin income statement

What is Contribution Margin Income Statement? What would it be for Apple Inc. and how do you calculate it? Explain in detail with an example.

  What is the repayment for january

What is the repayment for January? Ottawa Publishing has a line of credit with their bank and must keep a $10,000 minimum balance each month.

  Estimate a manufacturing overhead cost formula

Analysis using only the data points in the relevant range of activity estimated the total fixed costs to be $10,090 and variable costs to be $3.53 per machine

  Calculate the weighted average cost of capital

Calculate the weighted average cost of capital for Harvey Norman. Calculate the weighted average cost of capital for Harvey Norman using book value weights

  Which can victor not recognize as an expense

Which can Victor not recognize as an expense, assuming all relate to business transactions? Use of electricity to which Victor will be invoiced in three months

  Compute the total materials variance

Compute the total materials variance and the price and quantity variances, assuming the purchase price is $5.45

  What is the ytm on these bonds

What is the YTM on these bonds? If the bonds are called immediately after the call protection period, what would be the yield to call

  Create formula to express the behavior of the firm

Create formula to express the behavior of the firm's production costs. (Use the form Y = a + bX, where X denotes the quantity of sausage produced.

  What is Lindsey net pay

Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Lindsey's net pay

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