Question
Consider the following journal entry made by Jones Company. Upon investigation, what might you find happened to create this amount of Cash Over/Short account difference?
Consider the following journal entry made by Jones Company. Upon investigation, what might you find happened to create this amount of Cash Over/Short account difference? Give three possible reasons for this difference.
| Cash | 2,235.00 | |
| Cash Short and Over | 100.00 | |
| Sales | 2,135.00 |
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Management Accounting
Authors: Pauline Weetman
2nd Edition
0273718452, 978-0273718451
