Question
A company had $19 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to: A.) Debit Petty
A company had $19 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to: |
A.) Debit Petty Cash for $19.
B.) Credit Petty Cash for $19.
C.) Credit Cash Over and Short for $19.
D.) Debit Cash for $19.
E.) Debit Cash Over and Short for $19.
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Get StartedRecommended Textbook for
Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
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