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:

Cultural Norms

The shared expectations and rules that guide behavior of people within social groups, often considered the societal standards of appropriate behavior.

Exchange of Resources

refers to the act of giving and receiving goods, services, or any value between individuals or entities, leading to mutual benefit.

Polish Jews

A historical and cultural group of Jews who have lived in the territory of contemporary Poland for centuries.

World War II

A global conflict that took place between 1939 and 1945, involving most of the world's nations and marked by significant events, battles, and shifts in power.