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At the End of the Day,the Cash Register's Record Shows

Question 160

Multiple Choice

At the end of the day,the cash register's record shows $1,000 but the count of cash in the register is $1,035.The proper entry to record this excess includes a:


A) Credit to Cash for $35.
B) Debit to Cash for $35.
C) Credit to Cash Over and Short for $35.
D) Debit to Cash Over and Short for $35.
E) Debit to Petty Cash for $35.

Correct Answer:

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