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  3. Study Set
    Fundamental Financial Accounting Concepts Study Set 2
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    Exam 6: Internal Control and Accounting for Cash
  5. Question
    A Debit Balance in Cash Short and Over Represents a Shortage
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A Debit Balance in Cash Short and Over Represents a Shortage

Question 104

Question 104

True/False

A debit balance in Cash Short and Over represents a shortage of cash and would be treated as an expense.

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