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 Unit Beg. Invty. 50 pieces 200 pieces 80 pieces 40 pieces 60 pieces 50 pieces 200 pieces On Hand 60 pieces 90 pieces 35 pieces 50 pieces 60 pieces Selling Price 23 Item Deliveries 150 pieces 120 pieces 150 pieces 10 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 No shortage nor overage O P110 overage O None among the given answers O P 130 shortage ABCD

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 Unit Beg. Invty. 50 pieces 200 pieces 80 pieces 40 pieces 60 pieces 50 pieces 200 pieces On Hand 60 pieces 90 pieces 35 pieces 50 pieces 60 pieces Selling Price 23 Item Deliveries 150 pieces 120 pieces 150 pieces 10 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 No shortage nor overage O P110 overage O None among the given answers O P 130 shortage ABCD

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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