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A $100 petty cash fund contains $89 in petty cash receipts, and $7.50 in currency and coins. The journal entry to record the replenishment of
A $100 petty cash fund contains $89 in petty cash receipts, and $7.50 in currency and coins. The journal entry to record the replenishment of the fund would include a a. credit to Petty Cash for $96.50. b. credit to Cash for $89. c. credit to Cash Short and Over for $3.50. d. debit to Cash Short and Over for $3.50.
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