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Cash Drawer Balance Sheet
USS City or Utility:
Clerk Name ___Entry Date ___Verified By ___Entered By ___Coins
CountTotal Halfpennies___x.01 ___Nickels___x.05 ___Dimes___x.10 ___Quarters___x.25 ___Halves___x.50
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How to fill out daily cash drawer balance
How to fill out daily cash drawer balance
01
Gather all cash and coins from the cash drawer.
02
Count each denomination separately (ex: $100 bills, $50 bills, $20 bills, $10 bills, $5 bills, $1 bills, quarters, dimes, nickels, pennies).
03
Record the number of each denomination on a cash count sheet or spreadsheet.
04
Calculate the total amount of cash by adding up the total value of each denomination.
05
Compare the total cash amount with the expected amount based on sales and deposits.
06
Record any discrepancies and investigate the reasons behind them.
07
Sign and date the cash count sheet to verify the accuracy of the balance.
Who needs daily cash drawer balance?
01
Business owners
02
Managers
03
Cashiers
04
Accountants
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What is daily cash drawer balance?
The daily cash drawer balance is the total amount of cash in a cash register at the end of the business day.
Who is required to file daily cash drawer balance?
Employees who handle cash transactions are usually required to file the daily cash drawer balance.
How to fill out daily cash drawer balance?
To fill out the daily cash drawer balance, simply count the cash in the register at the end of the day and record the total amount.
What is the purpose of daily cash drawer balance?
The purpose of the daily cash drawer balance is to track and monitor cash transactions to ensure accuracy and prevent theft or errors.
What information must be reported on daily cash drawer balance?
The daily cash drawer balance typically includes the total amount of cash in the register, any discrepancies or shortages, and the date.
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