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Recording the cash revenue

Response to the following problem:

At the end of the day, the cash register tape lists $881.40 as total income from services. Cash on hand consists of $18.25 in coins, $433.60 in currency, $100.00 in traveler's checks, and $427.00 in customers' checks. The amount of the Change Fund is $100.

In general journal form, record the entry to record the day's cash revenue.

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Accounting Basics: Recording the cash revenue

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