1. Hasting Company replenished a $500 petty cash fund. The petty cash contained vouchers of $87 for postage, $173 for suppliers, $58 for gasoline, and cash on hand of $182. The journal entry to reflect replenishment would include:

a) A credit to Petty Cash for $318.

b) Debits to Expense of $318.

c) A debit to Cash for $318.

d) Credit to Cash for $182.

e) None of these.

2. DeVries uses an allowance method for recording uncollectible accounts. DeVries previously wrote off $1,000 of accounts receivable from Morris Corporation. However, Morris subsequently paid the full amount. The entry to record collection would include:

a) A credit to Cash for $1,000

b) None of these.

c) A credit to Uncollectible Accounts Expense for $1,000.

d) A debit to Uncollectible Accounts Expense for $1,000.

e) A credit to Allowance for Uncollectible Accounts for $1,000.