Question

A cash register is worth 620$, 100 cash registers are worth 62000.

Answer 1

Answer:

The following selected transactions relate to cash collections for a firm that uses a cash register. Present entries to record the transactions for each of the two days of cash receipts from sales.

a. Actual cash in cash register, $5,353; cash receipts per cash register tally, $5,373 on December 31.

b. Actual cash in cash register, $3,712.95; cash receipts per cash register tally, $3,712.16.