33. Assume that the custodian of a $810 petty cash fund has $182.50 in coins and currency plus $598.50 in receipts at the end of the month. The entry to replenish the petty cash fund will include:

A credit to Cash for $598.50.

A debit to Cash Over and Short for $29.00.

A debit to Cash for $570.

A credit to Cash Over and Short for $628.

A debit to Petty Cash for $598.50.

45. If a check correctly written and paid by the bank for $502 is incorrectly recorded in the company's books for $434, how should this error be treated on the bank reconciliation?

Subtract $68 from the bank's balance and add $68 to the book's balance.

Add $68 to the book balance.

Add $68 to the bank's balance.

Subtract $68 from the bank's balance.

Subtract $68 from the book balance.

48. Assume that the custodian of a $450 petty cash fund has $59.50 in coins and currency plus $385.00 in receipts at the end of the month. The entry to replenish the petty cash fund will include:

A debit to Cash for $379.50.

A debit to Cash for $390.50.

A credit to Cash for $390.50.

A credit to Cash Over and Short for $5.50.

A debit to Petty Cash for $385.00.

51. On July 9, Mifflin Company receives an $8,600, 90-day, 8% note from customer Payton Summers as payment on account. What entry should be made on the maturity date assuming the maker pays in full, and no adjusting entries have been made related to the note? (Use 360 days a year.)

Debit Cash $8,600; credit Notes Receivable $8,600.

Debit Cash $8,730; credit Interest Revenue $130; credit Notes Receivable $8,600.

Debit Notes Receivable $8,600; debit Interest Receivable $172; credit Sales $8,772.

Debit Cash $8,772; credit Interest Revenue $172; credit Notes Receivable $8,600.

Debit Cash $8,715; credit Interest Revenue $115; credit Notes Receivable $8,600.