Question
A $100 petty cash fund has cash of $20 and valid receipts for $40. The entry to replenish the fund would include a: A. Credit
A $100 petty cash fund has cash of $20 and valid receipts for $40. The entry to replenish the fund would include a:
A. Credit to petty cash for $20
B. Debit to petty cash for $40
C. Credit to cash for $80
D. Credit to cash for $40
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Accounting Information Systems Controls and Processes
Authors: Leslie Turner, Andrea Weickgenannt, Mary Kay Copeland
3rd edition
1119329566, 1119329565, 1119386179, 1119302110, 9781119302117 , 978-1119329565
