Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   How do I journalize cash (https://www.askmehelpdesk.com/showthread.php?t=336243)

  • Mar 31, 2009, 11:19 AM
    Sam Lee
    How do I journalize cash
    The cash sales for the day, in cash register is$8882.32, cash from real sales is $8954.21
  • Apr 1, 2009, 03:26 AM
    ROLCAM

    The cash sales for the day, in cash register is$8882.32, cash from real sales is $8954.21.

    Your register does not show the real position.

    1) DEBIT Cash Account $ 8,954.21
    2) CREDIT Sales Account $ 8,954.21

    Being the Sales of the day.
    The register only showed $8,882.32
    There was an overpayment of $72.01
    The amount is within the bounds of immateriality. 0.8 %

    • All times are GMT -7. The time now is 03:53 AM.