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9 Childers Company. which uses a perpetual inventory system, has an established petty cash fund in the amount of $500. The fund was last reimbursed
9 Childers Company. which uses a perpetual inventory system, has an established petty cash fund in the amount of $500. The fund was last reimbursed on November 30. At the end of December, the fund contained the following petty cash receipts December 4 Freight charge for merchandise purchased $ 51 10 December 7 Delivery charge for shipping to customer $ 75 points December 12 Purchase of office supplies $40 December 18 Donation to charitable organization $ 59 Book If, in addition to these receipts, the petty cash fund contains $262 75 of cash. the journal entry to reimburse the fund on December 31 will include Print Multiple Choice O A credit to Cash Over and Short of $12.25 A credit to Cash of $237 25 O A credit to Office Supplies of $75 O A debit to Transportation-In of $91. O A debit to Petty Cash of $91
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