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  3. Study Set
    College Accounting Study Set 2
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    Exam 6: Banking Procedure and Control of Cash
  5. Question
    Cash Short and Over Is
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Cash Short and Over Is

Question 60

Question 60

Multiple Choice

Cash Short and Over is:


A) a Misc. Expense account.
B) a Misc. Revenue account.
C) a Misc. Expense or Misc. Revenue account depending on the balance in the account.
D) an asset or liability depending on the balance in the account.

Correct Answer:

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