When sales revenue exceeds cash receipts, the difference is:
A)debited to Cash Short and Over.
B)credited to Cash Short and Over.
C)debited to Cost of Goods Sold.
D)credited to Cost of Goods Sold.

Question

Quizplus · Accepted Answer

The Answer of When sales revenue exceeds cash receipts, the difference is:
A)debited to Cash Short and Over.
B)credited to Cash Short and Over.
C)debited to Cost of Goods Sold.
D)credited to Cost of Goods Sold.

When Sales Revenue Exceeds Cash Receipts, the Difference Is