1. Daily Summary of Cash Receipts 1. Daily Summary of Cash Receipts Summary: This is an example of the daily summary of cash receipts as pertains to the sample in the text. It states:Date: January 3, 20--Cash sales: 263.60Sales tax: 4.20 TOTAL RECEIPTS: 267.80 Cash on handCash in register (including unspent petty cash)Coins: 23.75Bills: 143.00Checks: 134.05 TOTAL CASH IN REGISTER: 300.80 Add: Petty cash slips: 17.00 TOTAL CASH: 317.80 Less: Change and petty cashPetty cash slips: 17.00Coins and bills (unspent petty cash): 33.00 TOTAL CHANGE AND PETTY CASH FUND: 50.00TOTAL CASH RECEIPTS: 267.80