At the end of the day, the cash register tape shows $1500 in cash sales but the count of cash in the register is $1635. The proper entry to record the cash sales is:
A. Debit Cash $1635; credit Sales $1500; credit Cash Over and Short $135.
B. Debit Cash $1500; debit Cash Over and Short for $135; credit Sales $1635.
C. Debit Cash Over and Short $135; credit Cash $135.
D. Debit Cash $1500; credit Sales $1500.
E. Debit Cash $1635; credit Sales $1635.
Answer: A
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Which of the following is NOT considered to be a physical distribution activity?
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