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Accounting > Missing figures in the cash account > Flashcards

Missing figures in the cash account Flashcards

1
Q

What can be the missing figure be in the cash account? 3

A

Cash sales
Cash stolen
Cash drawings

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2
Q

What side is balance c/d on the cash account?

A

Credit

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3
Q

How to calculate missing figure on cash account?

A

Add up credit side and then the debit side. Minus eachother = missing figure

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Accounting (118 decks)

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