The Scharf Company is a retailer located in a state without sales tax.The following data was given to you to complete the transactions for the day's sales to be recorded.All cash drawers start with $100 in change.
$\begin{array}{llll}
& \underline {\text { Reg.\#1 }} & \underline {\text { Reg. \#2 }} & \underline {\text { Reg. \#3 }} & \underline {\text { Reg. \#4 }} \
\text { Cash in drawer }&\$ 974.50 & \$ 1,383.66 & \$ 939.46 & \$ 1,137.91 \
\text { Sales reading }&\$ 879.50 & \$ 1,298.16 & \$ 839.46 & \$ 1,030.33\
\hline \text { Difference }
\end{array}$ Record the journal entries for EACH cash register to determine the cashier's accuracy.

Question

The Scharf Company is a retailer located in a state without sales tax.The following data was given to you to complete the transactions for the day's sales to be recorded.All cash drawers start with $100 in change.
 $\begin{array}{llll}
& \underline {\text { Reg.\#1    }} & \underline {\text {   Reg. \#2  }} & \underline {\text {  Reg. \#3   }} & \underline {\text {  Reg. \#4   }}   \
\text {  Cash in drawer   }&\$ 974.50 & \$ 1,383.66 & \$ 939.46 & \$ 1,137.91 \
\text {  Sales reading   }&\$ 879.50 & \$ 1,298.16 & \$ 839.46 & \$ 1,030.33\
\hline  \text {  Difference     }
\end{array}$ Record the journal entries for EACH cash register to determine the cashier's accuracy.

Quizplus · Accepted Answer

The Answer of The Scharf Company is a retailer located in a state without sales tax.The following data was given to you to complete the transactions for the day's sales to be recorded.All cash drawers start with $100 in change.
 $\begin{array}{llll}
& \underline {\text { Reg.\#1    }} & \underline {\text {   Reg. \#2  }} & \underline {\text {  Reg. \#3   }} & \underline {\text {  Reg. \#4   }}   \
\text {  Cash in drawer   }&\$ 974.50 & \$ 1,383.66 & \$ 939.46 & \$ 1,137.91 \
\text {  Sales reading   }&\$ 879.50 & \$ 1,298.16 & \$ 839.46 & \$ 1,030.33\
\hline  \text {  Difference     }
\end{array}$ Record the journal entries for EACH cash register to determine the cashier's accuracy.

The Scharf Company Is a Retailer Located in a State