Multiple Choice
Zorro Inc.has the following cash register data for December 31: Cash register total for cash sales
$23,500
Cash receipts from cash sales
$23,480
How should the difference be recorded?
A) $20 cash overage as miscellaneous operating expense
B) $20 cash overage as revenue
C) $20 cash shortage as normal operating expense
D) $20 cash shortage as other revenue
Correct Answer:
Verified
Correct Answer:
Verified
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