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Problem - Based on the following information, prepare the weekly entries for cash receipts from service fees and cash short and over. A change fund of $100 is maintained.
Date
Change Fund
Cash Register Receipt Amount
Actual Cash Counted
Apr. 2
$100
$268.50
$366.50
9
100
237.75
333.50
16
309.25
411.00
23
226.50
324.00
30
318.00
422.00
Powerpoint Company, a wholesaler of grain, has a sales budget for July of $300,000. Compute the cost of grains sold during July is expected
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