Question
A $380 petty cash fund has cash of $85 and receipts of $280. The journal entry to replenish the account would include a. Debit to
A $380 petty cash fund has cash of $85 and receipts of $280. The journal entry to replenish the account would include
a. Debit to Cash for $280
b. Credit to Petty Cash for $280
c. Credit to Cash for $280
d. Debit to Cash Over and Short for $15
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Integrated Audit Practice Case
Authors: David S. Kerr, Randal J. Elder, Alvin A. Arens
5th Edition
0912503351, 9780912503356
