Question
A $160 petty cash fund has cash of $35 and receipts of $117. The journal entry to replenish the account would include a credit
A $160 petty cash fund has cash of $35 and receipts of $117. The journal entry to replenish the account would include a credit to Cash Over and Short for $8. O debit to Cash for $117. O credit to Cash for $125. O credit to Petty Cash for $117.
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele
10th edition
978-0078025297
