Examlex
What is customer discrimination and how does it affect the price paid by the customer?
Cash Over and Short
An account used to report a discrepancy between the physical cash counted and the expected amount in a company's records, representing either an excess or shortage.
Journal Entry
The record of a financial transaction in an accounting system whereby debits and credits are made to various accounts to maintain balance.
Petty Cash
A small amount of cash kept on hand for making immediate payments for small expenses.
Cash Over and Short
An account that records discrepancies between physical cash and recorded amounts due to errors or theft.
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