During your audit of cash receipts of shift number 1 of a Burger Stand, the following details of inventories were submitted to you: Shift starts Shift ends On Hand 60 pieces 90 pieces 35 pieces 50 pieces 60 pieces Unit Selling Price 23 Beg. Invty. 50 pieces 80 pieces 40 pieces 60 pieces 50 pieces Deliveries 200 pieces 150 pieces 120 pieces 150 pieces 200 pieces Item A 10 C 8 10 E 12 The total cash remittance of Shift 1 was P 10,650. How much is the cash shortage (overage) of Shift Number 1? O P 110 overage O None among the given answers P 130 shortage O No shortage nor overage
During your audit of cash receipts of shift number 1 of a Burger Stand, the following details of inventories were submitted to you: Shift starts Shift ends On Hand 60 pieces 90 pieces 35 pieces 50 pieces 60 pieces Unit Selling Price 23 Beg. Invty. 50 pieces 80 pieces 40 pieces 60 pieces 50 pieces Deliveries 200 pieces 150 pieces 120 pieces 150 pieces 200 pieces Item A 10 C 8 10 E 12 The total cash remittance of Shift 1 was P 10,650. How much is the cash shortage (overage) of Shift Number 1? O P 110 overage O None among the given answers P 130 shortage O No shortage nor overage
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 7E
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