Suppose That Company Noted a Discrepancy Whereby the Amount of Cash

Multiple Choice

Suppose that company noted a discrepancy whereby the amount of cash deposited in the bank account exceeded the amount included as cash sales on the cash register tapes. This overage should be recorded as a(n) :

A) debit to Cash Over and Short.
B) credit to Cash Over and Short.
C) increase in Petty Cash.
D) increase in Accounts Receivable.