[debit] cash
credit accounts receivable
Another entry will be required in cash receipts journal with difference in recorded 4600(9500 - 5900).
[Debit] Cash / bank xxxx [Credit] Accounts receivable xxxx
Cash 9735.75 Cash Short and Over 20.20 Sales 9755.75
Transactions recorded in the cash receipts journal are, all receipts of cash.
receipts 80 Cash Short(Over) 2 Cash 82
Another entry will be required in cash receipts journal with difference in recorded 4600(9500 - 5900).
[Debit] Cash / bank xxxx [Credit] Accounts receivable xxxx
Cash 9735.75 Cash Short and Over 20.20 Sales 9755.75
Transactions recorded in the cash receipts journal are, all receipts of cash.
receipts 80 Cash Short(Over) 2 Cash 82
Cross-footing a cash receipts journal means
debit advancescredit cash / bank
debit cash accountcredit bank account
[debit] wages expensescredit cash / bank
Debit wages expensesCredit cash / bank
debit services costcredit cash
Debit refund accountCredit cash / bank