The following selected transactions relate to cash collections for a firm that maintains a $200 change fund at?

all times. Present entries to record the transactions for each of the two day of cash receipts from sales.


a. Actual cash in cash register, $3,112.22; cash receipts per cash register tally, $2913.20


b. Actual cash in cash register, $3012.96; cash receipts per cash register tally, $2812.20|||Your question isn't clear enough but if I had to take a guess, simple math of a $200 difference would scream that B is the correct answer. As a previous manager though I'd say a bigger issue would be that for this amount of business you should be clearing some of the cash out as regular intervals. No till should sit around all day with that much cash in it. It's just not safe...or smart. The REAL correct answer should be:


C:the manager should be fired (if not because he's lazy and inefficient then because he can't figure out if options A or B are correct).