Question
A $100 petty cash fund has cash of $14 and receipts of $86. The journal entry to replenish the account would include a: A. credit
A $100 petty cash fund has cash of $14 and receipts of $86. The journal entry to replenish the account would include a:
| A. | credit to Cash Over and Short for $1. | |
| B. | credit to Cash for $86. | |
| C. | credit to Petty Cash for $1. | |
| D. | debit to Cash for $86. |
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Portfolio Of Business And Management Audits
Authors: Baumhardt And Partner
1st Edition
3908131006, 978-3908131007
