Ask Question
19 January, 03:18

The debit balance in cash short and over at the end of an accounting period is reported as

+5
Answers (1)
  1. 19 January, 03:26
    0
    An expense on the income statement

    Explanation:

    The debit balance in cash short and over at the end of an accounting period is reported as an expense on the income statement. Expenses consist of cash outflows or incurring of liabilities.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The debit balance in cash short and over at the end of an accounting period is reported as ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers