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 Deposit4,240
Sales Per Cash Register Receipt4,200
Amount Over$40

Business

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.

Business

Which of the following falls within the definition of "place"?

A. Returns B. Promotional allowances C. Image D. Customer service E. Inventory

Business

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

Business

Offshoring typically lowers labor, working capital and fixed costs but increases risk and freight costs

Indicate whether the statement is true or false.

Business