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    Business
  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 6: Reporting and Analyzing Cash and Internal Controls
  5. Question
    Assume That Cash Sales According to the Register File Total
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Assume That Cash Sales According to the Register File Total

Question 133

Question 133

True/False

Assume that cash sales according to the register file total $705 but the amount of cash in the register is $685.This cash shortage of $20 represents a Miscellaneous Expense.

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