There was a shortage in the account of the Ministry of Higher Education, scientific research, so that you could not cover the expenses of this month. As an accountant in this ministry, what do you do to consolidate the balance with the required amounts? The answer must be with the live numbers given by the student.

The cash short and over is mainly used when there is shortage or overage of expenses. Cash Short and Over is mainly an income statement account where inside an organization's overall record where deficiencies or overages of money are recorded. The Cash Short and Over record may be utilized by an organization to record unexplained contrasts emerging when an organization's negligible money subsidize is recharged. By and large, the sums in the record Cash Short and Over are little to the point that the record offset will be incorporated with other unimportant amounts which reported on income statement as an Other Expenses.