Question
Given the following info: Petty Cash Balance: $530 Postage Receipt: $25.40 Business Meal Receipt: $54.61 Courier Reciept: 74.62 Office Supplies Reciept: 96.04 Cash on hand
Given the following info:
Petty Cash Balance: $530
Postage Receipt: $25.40
Business Meal Receipt: $54.61
Courier Reciept: 74.62
Office Supplies Reciept: 96.04
Cash on hand at end of month: 300.11
What is the amount that needs to be recorded for cash over and short?
| Credit $22.99 | |
| Debit $20.78 | |
| Debit $22.99 | |
| No cash over and short is necessary | |
| Credit $20.78 |
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Trends In Managerial And Financial Accounting Volume 1
Authors: Cees Van Dam
1978 Edition
9020706934, 978-9020706932
