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.

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Definitions:

Confidence Interval

A selection of numerical values, culled from sample data, likely to hold within it the value of an unrevealed population parameter.

Population Mean

The average of all the data points in a population, representing the central tendency of the entire population's values.

Sample Mean

The average value of a set of data points taken from a sample of a larger population.

Population Parameter

A numerical value that represents a characteristic or feature of an entire population.