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A cheque was issued for the petty cash fund for $250 and was cashed. Management decided that the petty cash fund should be replenished when

A cheque was issued for the petty cash fund for $250 and was cashed. Management decided that the petty cash fund should be replenished when the balance in the cash box reaches $140. At the end of month, the balance in the petty cash account was $90. The totalled receipts showed the balance of $156. How is the cash over and short account recorded for month end? Select one:

a. Cash over and short is credited by $4.

b. Cash over and short is debited by $54.

c. Cash over and short is credited by $50.

d. Cash over and short is debited by $4.

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