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A $150 petty cash fund has cash of $64 and valid receipts for $75. The entry to replenish the fund would be: Cash 86 Various
A $150 petty cash fund has cash of $64 and valid receipts for $75. The entry to replenish the fund would be:
Cash 86 Various Expenses 75 Cash Short or Over 11 |
Petty Cash 86 Cash 86 |
Cash 64 Petty Cash 64 |
Various Expenses 75 Cash Short or Over 11 Cash 86 |
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