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A $100 petty cash fund has cash of $16 and receipts of $81. The journal entry to replenish the account would include a debit to
A $100 petty cash fund has cash of $16 and receipts of $81. The journal entry to replenish the account would include a
debit to Cash for $81. | ||
credit to Petty Cash for $84. | ||
| ||
debit to Cash Over and Short for $3. |
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