Question : 91. An income statement account that used to record cash overages : 1225911
91. An income statement account that is used to record cash overages and cash shortages arising from petty cash transactions or from errors in making change is titled: A. Cash Lost. B. Bank Reconciliation. C. Petty Cash. D. Cash Over and Short. E. Cash Receivable. 92. A set of procedures and approvals designed to control cash disbursements and the acceptance of obligations is referred to as a(n): A. Internal cash system. B. Petty […]