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21 March, 01:22

The actual cash received during the week ended June 7 for cash sales was $18,468, and the amount indicated by the cash register total was $18,389. Required: Journalize the entry to record the cash receipts and cash sales. Refer to the Chart of Accounts for exact wording of account titles.

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  1. 21 March, 02:45
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    Cash $18,468

    Sales $18,468

    (Being Cash sales made.)

    Sales Commission Expense 79

    Cash 79

    (Being commission paid on sales.)

    So thus the balance of cash book = $18468 - 79 = $18,389
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Home » Business » The actual cash received during the week ended June 7 for cash sales was $18,468, and the amount indicated by the cash register total was $18,389. Required: Journalize the entry to record the cash receipts and cash sales.
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