Ringo Store sells only for cash and records all sales on cash registers before delivering merchandise to
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Ringo Store sells only for cash and records all sales on cash registers before delivering merchandise to the customers. On a given day the cash count at the close of business indicated $10.25 less cash than was shown by the totals on the cash register tapes. In what account would this cash shortage be recorded? Would the account be debited or credited?
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Related Book For
Accounting The Basis For Business Decisions
ISBN: 9780070415515
5th Edition
Authors: Robert F. Meigs, Walter B Meigs
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