What Is Cash-in-Transit?

The audit of transportation income cash accident is an audit of the loss, theft, and shortage of cash such as fares, freight charges, and miscellaneous charges of railway stations and trains. The main contents are: (1) Examine the cash at the ticket office (place). First count the cash, then review the sale tickets or bills and balance ticket bills, and calculate the cash receivables and the actual cash. When the shortage of cash is less than 30 yuan, the agent shall make up for the compensation; when the shortage is more than 31 yuan, a record shall be made and included in the cash accident. ^[1]