At the End of the Day,the Cash Register Tape Shows

question 122

Multiple Choice

At the end of the day,the cash register tape shows $1,000 in cash sales but the count of cash in the register is $1,010.The proper entry to record the cash sales is:

• A)Debit Cash $1,000; credit Sales $1,000.
• B)Debit Cash $1,010; credit Sales $1,010.
• C)Debit Cash $1,010; credit Sales $1,000; credit Cash Over and Short $10.
• D)Debit Cash $1,000; debit Cash Over and Short for $10; credit Sales $1,010.
• E)Debit Cash Over and Short $10; credit Cash $10.

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Definitions:

E-text

Electronic text, written material presented in a digital format that can be read on computers or e-readers.

Sharp Grayscale

The quality of an image, particularly in monochrome (black, white and shades of gray), to have clear distinction and depth among different shades.

Endocytosis

A cellular process in which substances are brought into the cell by engulfing them with the cell membrane.

Alveoli

Tiny air sacs in the lungs where the exchange of oxygen and carbon dioxide takes place.