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A company had $55 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to: A.) Debit Petty
A company had $55 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to: |
A.) Debit Petty Cash for $55.
B.) Credit Cash Over and Short for $55.
C.) Credit Petty Cash for $55.
D.) Debit Cash Over and Short for $55.
E.) Debit Cash for $55.
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