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HELP PLEASE. Cash Short & Over is classified as a(n) (A) liability. (B) Temporary Account. (C) expense. (D) revenue account.
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HELP PLEASE. Cash Short & Over is classified as a(n)

(A) liability.
(B) Temporary Account.
(C) expense.
(D) revenue account.

User Sdorra
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1 Answer

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Answer:

The account Cash Short and Over is an income statement account (within a company's general ledger) in which shortages or overages of cash are recorded

User JGTaylor
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