The actual cash received from the days cash sales was 27195


Question - Entry for Coins, currency (paper money), checks, money orders, and money on deposit available for unrestricted withdrawal from banks and other financial institutions.Cash Sales; Cash Short.

The actual cash received from the day's cash sales was $27,195, and the amount indicated by the cash register total was $27,245.

a. What is the amount deposited in the bank for the day's sales?

b. What is the amount recorded for the day's sales?

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Accounting Basics: The actual cash received from the days cash sales was 27195
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