Question
A $67 petty cash fund has cash of $21 and receipts of $39. The journal entry to replenish the account would include a: a.credit to
A $67 petty cash fund has cash of $21 and receipts of $39. The journal entry to replenish the account would include a:
a.credit to Cash for $67.
b.debit to Cash for $21.
c.debit to Cash Short and Over for $7.
d.credit to Petty Cash for $39.
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
