Question
A $71 petty cash fund has cash of $24 and receipts of $62. Which of the following would be part of the journal entry to
A $71 petty cash fund has cash of $24 and receipts of $62. Which of the following would be part of the journal entry to replenish the account?
Select the correct answer.
-credit to Cash Short and Over for $15
-debit to Cash for $24
-credit to Petty Cash for $62
-credit to Cash for $71
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
13th edition
978-1-119-4110, 1119411483, 9781119411017, 978-1119411482
