Question
1.Brown Co. established a P3,000 petty cash fund. You found the following items in the fund: Cash and currency...................................................... P 1. 683.80 Expense vouchers........................................................829.80 Advances
1.Brown Co. established a P3,000 petty cash fund. You found the following items in the fund:
Cash and currency...................................................... P 1. 683.80
Expense vouchers........................................................829.80
Advances to salesman..................................................200.00
IOU from employee......................................................300.00
In the entry to replenish the fund, what amount should be debited to Cash short or over?
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Financial Accounting The Impact on Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
9th edition
ISBN: 130565417X, 1305654174, 9781285972572 , 978-1285182964
