What is the amount recorded for the day sales, Accounting Basics

+44 141 628 6080
[email protected]

What is the amount recorded for the day sales

Actual cash received from cash sales was $11,279 and the amount indicated by the cash register total was $11,256. What is the amount deposited in the bank for the day's sales?What is the amount recorded for the day's sales? How should the difference be recorded? Lastly, if a cashier is consistently over or short, what action should be taken?

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the amount recorded for the day sales

Reference No:- TGS0705434

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Prepare the stockholders equity section

Quick fix-it corporation was organized in January 2011 to operate severl car repair businesses in a large metropolitan area. The charter issued by state authorized the following capital stock.

Q : Raw materials and finished goods inventories

Kennewick Manufacturing Company expects a 15% increase over the 200,000 units of product VIP sold last year and a 20% increase in the 160,000 units of product ZUM sold.

Q : The cost structure of the company

The questions below pertain to two different scenarios involving a manufacturing company. In each scenario, the cost structure of the company is constant form year to year.Selling prices, unit variable costs, and total fixed ocsts are the same in

Q : How did mr. madoff keep his new investments

How did Mr. Madoff keep his new investments at such a high rate of return and keep paying off investors and giving to charities? Explain how he was able to do what he did financially so long.

Q : What is the amount recorded for the day sales

Actual cash received from cash sales was $11,279 and the amount indicated by the cash register total was $11,256. What is the amount deposited in the bank for the day's sales?

Q : Explain the auditors to the verification of inventories

Which of the following is not a reason for the special significance attached by the auditors to the verification of inventories?

Q : Discuss the predetermined overhead allocation rate

Austin Company uses a job order cost accounting system. The company's executives estimated that direct labor would be $2,000,000 (200,000 hours at $10/hour) and that factory overhead would be $1,500,000 for the current period.

Q : Discuss the effect of distributions of property

One of your best individual clients is thinking about starting up a new business, and he is seeking your advice on which business form he should select.

Q : Allocated to the condos in proportion

Sertoma Condos Inc. a small company owned by Adam Garner, leases three condos of differing sizes to customers as vacation facilities. Labor costs for each condo consist of maid service and maintenance cost.

1954624

Questions
Asked

3,689

Active Tutors

1438971

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the amount recorded for the day sales

Reference No:- TGS0705434

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Prepare the stockholders equity section

Q : Raw materials and finished goods inventories

Q : The cost structure of the company

Q : How did mr. madoff keep his new investments

Q : What is the amount recorded for the day sales

Q : Explain the auditors to the verification of inventories

Q : Discuss the predetermined overhead allocation rate

Q : Discuss the effect of distributions of property

Q : Allocated to the condos in proportion

Identify one antecedent, one behaviour, and one consequence

Problem on journal articles and non-journal materials

Identify a true statement about validity

Why you feel unpleasantly hot and sweaty

Discuss three ethical guidelines that are important

How we perceive objects in the real world

Problem regarding the america youth and social media

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the amount recorded for the day sales

Reference No:- TGS0705434

Recent Questions Asked Accounting Basics

Q : Prepare the stockholders equity section

Q : Raw materials and finished goods inventories

Q : The cost structure of the company

Q : How did mr. madoff keep his new investments

Q : What is the amount recorded for the day sales

Q : Explain the auditors to the verification of inventories

Q : Discuss the predetermined overhead allocation rate

Q : Discuss the effect of distributions of property

Q : Allocated to the condos in proportion

Asked Questions