There are several reasons why the petty cash fund would experience a shortage or an overage. Determine which of the actions below would result in a shortage or an overage in the petty cash fund. (Check all that apply.)
a. The petty cashier overpaid for the amount due.
b. The company cashier reduced the petty cash account
c. The petty cashier failed to get a receipt for payment.
d. A person receiving disbursement from the fund failed to return change from a transaction.
e. The petty cashier overpaid for the amount due.
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Home » Business » There are several reasons why the petty cash fund would experience a shortage or an overage. Determine which of the actions below would result in a shortage or an overage in the petty cash fund. (Check all that apply.) a.