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Problem regarding the credit to sales revenue

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Reference no: EM131190827

If a cashier rang up sales totaling $5,098, but had $5,105 to deposit, which journal entry would be recorded?

  • A debit to Cash for $5,105 a credit to Cash Overage for $7 and a credit to Sales Revenue for $5,098.
  • A debit to Sales for $5,105 a debit to Cash Overage for $7 and a credit to Cash for $5,098
  • A debit to Cash for $5,098 a debit to Cash Shortage for $7 and a credit to Sales Revenue for $5,105.
  • A debit to Cash for $5,098 a debit to Cash Shortage for $7 and a credit to Unearned Revenue for $5,105.

Reference no: EM131190827

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