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Business, 16.03.2020 20:17 ricelit

A cash register tape reflected total sales equaling $100, but the cash in the cash register drawer equaled $105. Review the statements below and determine which is correct regarding this discrepancy. (Check all that apply.)

The extra $5 collected will be treated as a miscellaneous revenue.
The Cash Over and Short account will be credited for $5.
The Cash account will be debited for $105.
The Sales account will be credited for $100.

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A cash register tape reflected total sales equaling $100, but the cash in the cash register drawer e...
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