The cashregister tape for Larkspur Industries reported sales of $7,14.pdf

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The cash register tape for Larkspur Industries reported sales of $7,146.30. The journal entry needed depends on whether cash on hand exceeds or is less than the amount reported on the cash register tape. Cash on hand exceeding the cash register tape by $29.45 would result in a debit to cash and a credit to sales for the difference.

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The cashregister tape for Larkspur Industries reported sales of $7,146.30 Record the journal
entry that would be necessary for each of the following situations (a) 5 ales per cash regiter tape
eceeds eash on hand by $52.76. (6) Cash on hand exceeds cash reported by cash regibter tape by
$29.45. Round answers to 2 decuinal phoces es. 5275. Credit occount titles are outomatically
indented when amcunt is entered Do not indent manuallyJ

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