Scharf Company is a retailer located in a state without sales tax. The following data were given to you to complete the transactions for the day’s sales to be recorded. All cash drawers start with $100 in change. Reg. 1 Reg. 2 Reg. 3 Reg. 4 Cash in drawer $974.50 $1,383.66 $939.46 $1,137.91 Sales reading 879.50 1,298.16 839.46 1,030.33 Difference Required: Record the journal entries for EACH cash register to determine the cashier’s accuracy. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to two decimal places.

Scharf Company is a retailer located in a state without sales tax. The following data were given to you to complete the transactions for the day’s sales to be recorded. All cash drawers start with...

Scharf Company is a retailer located in a state without sales tax. The following data were given to you to complete the transactions for the day’s sales to be recorded. All cash drawers start with $100 in change.

	Reg. 1	Reg. 2	Reg. 3	Reg. 4
Cash in drawer	$974.50	$1,383.66	$939.46	$1,137.91
Sales reading	879.50	1,298.16	839.46	1,030.33
Difference

Required:

Record the journal entries for EACH cash register to determine the cashier’s accuracy. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to two decimal places.

Jun 03, 2022

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Scharf Company is a retailer located in a state without sales tax. The following data were given to you to complete the transactions for the day’s sales to be recorded. All cash drawers start with...

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