Question - Entry for Coins, currency (paper money), checks, money orders, and money on deposit available for unrestricted withdrawal from banks and other financial institutions.Cash Sales; Cash Short.
The actual cash received from the day's cash sales was $27,195, and the amount indicated by the cash register total was $27,245.
a. What is the amount deposited in the bank for the day's sales?
b. What is the amount recorded for the day's sales?