Question
A $131 petty cash fund contains $122 in petty cash receipts, and $3 in currency and coins. Which of the following would be part of
A $131 petty cash fund contains $122 in petty cash receipts, and $3 in currency and coins. Which of the following would be part of the journal entry to replenish the account?
Select the correct answer.
credit to Petty Cash for $131
credit to Cash for $122
debit to Cash Short and Over for $6
credit to Cash Short and Over for $6
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Cost Accounting Fundamentals Essential Concepts And Examples
Authors: Steven M. Bragg
3rd Edition
0980069998, 978-0980069990
