A check is written to replenish a $100 petty cash fund when the fund contains receipts of

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A check is written to replenish a $100 petty cash fund when the fund contains receipts of $94 and $3 in cash. In recording the check,

a. Cash Over and Short should be debited for $3.

b. Petty Cash should be debited for $94.

c. Cash should be credited for $94.

d. Petty Cash should be credited for $3.

SO 6)

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Financial Accounting Text Only

ISBN: 9780006575405

5th Edition

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

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