Given the Following Information What Is the Amount of Cash Over and Short?
A)

question 119

Multiple Choice

Given the following information:
$$\begin{array} { l r l r } \text { Petty cash balance: } & \$ 450.00 & \text { Courier receipt: } & \$ 82.50 \\\text { Postage receipt: } & \$ 48.00 & \text { Office Supplies receipt: } & \$ 56.22 \\\text { Business Meal receipt: } & \$ 102.34 & \text { Cash on hand at the end of the month: }& \$ 76.21\end{array}$$
What is the amount of cash over and short?

• A) debit $84.73
• B) credit $84.73
• C) debit $160.94
• D) credit $160.94
• E) no cash over or short would be recorded

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Definitions:

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