=+b. The amount of cash in the petty cash fund is now $294. Check No. 8336 is

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=+b. The amount of cash in the petty cash fund is now $294. Check No. 8336 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $295; miscellaneous selling expense, $120; miscellaneous administrative expense, $75. (Since the amount of the check to replenish the fund plus the balance in the fund do not equal $800, record the discrepancy in the cash short and over account.)

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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