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A cash shortage is: a. debited to the Cash account. Ob.credited to the Cash account. O c.credited to the Cash Short and Over account. O
A cash shortage is: a. debited to the Cash account. Ob.credited to the Cash account. O c.credited to the Cash Short and Over account. O d. debited to the Cash Short and over account. Cadmium, Inc., provides consultancy services and has the following information on September 30: Cash register tape Cash count Change Fund $648 795 150 Compute the cash shortage or cash overage to be recorded by Cadmium on September 30. O a. $10 overage Ob. $10 shortage O c. $3 overage O d. $3 shortage A petty cash payments record: a. is a journal. O b. is prepared only at the end of every calendar year. Oc. C. is a ledger account. O d. is a supplementary record for gathering information. When journal entries for items in the Ledger Balance of Cash section of the bank reconciliation are made, the additions are: O a.credited to the Capital account. O b. debited to the Capital account. O c. debited to the Cash account. O d.credited to the Cash account
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