Banking
Cash Vault — Physical Count Overage
Adjusting for extra cash found during the end-of-day vault count.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Vault | Asset (+) | 250.00 | - |
| Cash Over and Short (Other Income) | Revenue (+) | - | 250.00 |
💡 Accountant's Note
Cash counting differences are recognized immediately. Overages and shortages are investigated and documented. Patterns indicate teller error, fraud, or system issues. Daily cash counts are a fundamental internal control.
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