Cornerstone Exercise 4-22 Cash Over and Short Walker Department Store has one cash register. On a recent day, the cash register tape reported sales in the amount of $13,729.87. Actual cash in the register (after deducting and removing the opening change amount of $75) was $13,747.21, which was deposited in the firm's bank account. Required: Prepare a journal entry to record these cash collections. If an amount box does not require an entry, leave it blank. Round your answers to two decimal places. Cash Cash Over and Short Sales Revenue v (Record cash register receipts) Brief Exercise 4-35 Petty Cash with Change in Fund Balance Canary Inc, maintains a petty cash fund with a balance of $1,800. During the month of September, Canary's employees made routine expenses using cash from the petty cash fund totaling $1,150. At the end of September, Canary replenishes the petty cash account, but it also decides to increase the fund balance to $2,000. Canary classifies all petty cash transactions as miscellaneous expense. Required: Prepare a journal entry to record the petty cash activity. If an amount box does not require an entry, leave it blank. Petty Cash Fund Miscellaneous Expense Cash
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