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The adjusted cash balance per books on August 31 is $8,320 b. $8,020. a. $4,620. c. d. $4,920. 8. A debit balance in Cash Short
The adjusted cash balance per books on August 31 is $8,320 b. $8,020. a. $4,620. c. d. $4,920. 8. A debit balance in Cash Short and Over account is reported as a(n) asset. b. miscellaneous expense. c. liability. d. miscellaneous revenue. a. 9. An aging of a company's If Allowance for Bad Debt Accounts has a $1,200 credit balance, the adjustment to record bad debts for the period will require a. debit to Bad Debt Expense for $4,000. b. debit to Allowance for Bad Debt Account for $2,800. c. debit to Bad Debt Expense for $2,800. d. credit to Allowance for Bad Debt Account for $4,000. accounts receivable indicates that $4,000 are estimated to be uncollectible. a 10. A $100 petty cash fund has cash of $18 and receipts of $86. The journal entry to replenish the account would include a a. debit to Cash for $86 b. credit to Petty Cash for $86. credit to Cash Over and Short for $4. d. credit to Cash for $86. C
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