A count of the undeposited receipts under the custody of Tina Cot, the cashier of Kenya Corporation, at theclose of business September 30, 2020, showed the following composition:Coins and currency3,950Unused Postage Stamps60Checks:PayeeKenya CorporationKenya CorporationDraweeAfrica CorporationDate9/30/20201,3009/29/2020Europe CorporationKenya Corporation7509/27/2020PLDT750Total per count6,810Question:Assuming the cashier's accountability to be P 6,500, what is the amount of the cash shortage on September30, 2020?

Cash Shortage: The Cash Shortage is the difference between the declining amount and the amount…

A count of the undeposited receipts under the custody of Tina Cot, the cashier of Kenya Corporation, at the close of business September 30, 2020, showed the following composition: Coins and currency 3,950 60 Unused Postage Stamps Checks: Date 9130/2020 Кeпya Corporation 9/29/2020 Kenya Corporation Рayee Drawee Africa Corporation Europe Corporation Kenya Corporation 1,300 750 9/27/2020 PLDT 750 Total per count 6,810 Question: Assuming the cashier's accountability to be P 6,500, what is the amount of the cash shortage on September 30. 2929?

A count of the undeposited receipts under the custody of Tina Cot, the cashier of Kenya Corporation, at the close of business September 30, 2020, showed the following composition: Coins and currency 3,950 60 Unused Postage Stamps Checks: Date 9130/2020 Кeпya Corporation 9/29/2020 Kenya Corporation Рayee Drawee Africa Corporation Europe Corporation Kenya Corporation 1,300 750 9/27/2020 PLDT 750 Total per count 6,810 Question: Assuming the cashier's accountability to be P 6,500, what is the amount of the cash shortage on September 30. 2929?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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