A check is written to replenish a $100 petty cash fund when the fund contains receipts of
Question:
A check is written to replenish a $100 petty cash fund when the fund contains receipts of $94 and $2 in cash. In recording the check:
(a) Cash Over and Short should be debited for $4.
(b) Petty Cash should be debited for $94.
(c) Cash should be credited for $94.
(d) Petty Cash should be credited for $4.
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Related Book For 
Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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