Multiple Choice
The account which records the difference between the cash needed for replenishment and amount of receipts is called:
A) Petty Cash.
B) Cash Over and Short.
C) Cash Equivalents.
D) Discrepancy Expense.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q18: While preparing a bank reconciliation,which of the
Q20: The primary purpose of the statement of
Q72: Which of the following journal entries is
Q73: A petty cash custodian should always:<br>A) maintain
Q74: A debit memorandum appeared on Mallory's bank
Q75: Which of the following is not included
Q78: The treasurer for Kent Enterprises was preparing
Q81: Which internal control activity is followed when
Q82: Allowing only certain employees to order goods
Q147: Internal control systems provide assurance in each