Cash Short and Over The controller has completed the Taccounts for the cash and sales accounts as of January 30, but nee for the cash short and over account as of January 30 also. You are told that the balance of the accoun problem assumes that a company has only one bank account, which is identified in the Ledger as "Car Review the following accounts, and then scroll down to complete the cash short and over T account Cash Balance 1/1 5,500 1/2 Establish Petty Cash 1/5 2,775 1/12 3,270 1/30 Balance 21,850 500 6,355 1/23 4,450 Sales Balance 1/1 1/5 1/12 1/23 1/30 Balance 0 2,780 6,320 3,300 4,420 16,820 Review the preceding Taccounts, and then complete the cash short and over T account and associated Cash Short and Over Balance 1/1 01/12 1/5 1/30 1/23 Balance All work saved Review tenhowing accounts attenscroll down to congrecente casino and over accounts answer the last 500 Balance 1/1 1/5 1/12 1/23 1/30 Balance Cash 5,500 1/2 Establish Petty Cash 2,775 6,355 3,270 4,450 21,850 0 Sales Balance 1/1 1/5 1/12 1/23 1/30 Balance 2,780 6,320 3,300 4,420 16,820 Review the preceding Taccounts, and then complete the cash short and over T account and associated question that follow Cash Short and Over Balance 1/1 V2 15 130 1/23 Balance What will happen to the ending balance in the cash short and over account at the end of the accounting period? It will be added to the other com section of the income statement Petty Cash