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The Scharf Company is a retailer located in a state without sales tax. The following data was given to you to complete the transactions for the day's sales to be recorded. All cash drawers start with $100 in change. Record the journal entries for EACH cash register to determine the cashier's accuracy.
Aerobic Respiration
A process of producing cellular energy involving oxygen. Cells use oxygen to convert glucose into ATP, releasing carbon dioxide and water.
Oxidized
Refers to a substance that has lost electrons and increased its oxidation state, often as part of a chemical reaction involving oxygen.
Reduced
In chemistry, refers to the gain of electrons or decrease in oxidation state by a molecule, atom, or ion.
Cellular Respiration
Pathway that uses an electron transfer chain to harvest energy from an organic molecule and make ATP. See aerobic respiration.
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