Read the following transactions. Calculate the amount over or short.Lourdes LLC. keeps a $150 change fund in its cash register. At the end of the day, cash sales per the register tape were $4,200. The cash count was $4,390.
What will be an ideal response?
$40 over
Cash count | $4,390 |
Less Change Fund | (150) |
Bank Deposit | 4,240 |
Sales Per Cash Register Receipt | 4,200 |
Amount Over | $40 |
You might also like to view...
The scientific concept of causality is complex. "Causality" means something very different to the average person on the street than to a scientist
If the ordinary meaning of a statement is "X is the only cause of Y," its related scientific meaning is: ________. A) the occurrence of X makes the occurrence of Y B) we can never prove that X is a cause of Y. At best, we can infer that X is a cause of Y C) X is only one of a number of possible causes of Y D) None of the above is correct.
Which of the following falls within the definition of "place"?
A. Returns B. Promotional allowances C. Image D. Customer service E. Inventory
A marketing department should strive to create a balance between creativity and a strict interpretation of output from a marketing-mix model
Indicate whether the statement is true or false
Offshoring typically lowers labor, working capital and fixed costs but increases risk and freight costs
Indicate whether the statement is true or false.