Accounting treatment

[ahmad_rmh]

In a supermarket, an cashier is working, at the end of the day, he finds a difference of cash plus or minus against sales, What would be the accounting treatment of the said difference

 

[Becky]

Is this a study question?

 

[Victor Shah]

If its a minor (negligible) difference, the difference can be accounted for in "Cash Collection Over/Short" Account, grouped with "General & Admin Expenses"