When the cash short and over account has a debit balance at the end of the month,

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When the cash short and over account has a debit balance at the end of the month, it is considered

(a) an expense,

(c) revenue.

(b) an asset.

(d) a liability.

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Related Book For book-img-for-question

College Accounting Chapters 1-15

ISBN: 12

19th Edition

Authors: James A Heintz, Robert W Parry

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Question Posted: May 22, 2024 01:00 AM

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When the cash short and over account has a debit balance at the end of the month,

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College Accounting Chapters 1-15

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