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Record the journal entry that would be necessary

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Reference no: EM132826814

Problem - The cash register tape for Crane Industries reported sales of $27,802.00.

Record the journal entry that would be necessary for each of the following situations. (a) Cash to be accounted for exceeds cash on hand by $50.50. (b) Cash on hand exceeds cash to be accounted for by $21.00.

Reference no: EM132826814

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