Question

At the end of the day, the cash register's record shows $1,266, but the count of cash in the cash register is $1,253. the correct entry to record the cash sales is

Answer 1

If the cash register's record shows $1,266 at the end of the day, and the actual cash count in the cash register is only $1,253-- the correct entry to record the cash sales for the day will be:

Debit cash $1,253

Debit cash over short $13

Credit sales $1,266