A check is written to replenish a ($ 100) petty cash (L0 fund when the fund contains

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A check is written to replenish a $\$ 100$ petty cash (L0 fund when the fund contains receipts of $\$ 94$ and $\$ 4$ in cash. In recording the check:

(a) debit Cash Over and Short for $\$ 2$.

(b) debit Petty Cash for $\$ 94$.

(c) credit Cash for $\$ 94$.

(d) credit Petty Cash for $\$ 2$.

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Financial Accounting Tools For Business Decision Making

ISBN: 9781119316022

8th Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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Question Posted: Jun 24, 2024 01:06 AM

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A check is written to replenish a ($ 100) petty cash (L0 fund when the fund contains

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Financial Accounting Tools For Business Decision Making

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