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A company maintains a petty cash fund. One day, an employee was reimbursed for $25 in coffee supplies for the office. When is the expense
A company maintains a petty cash fund. One day, an employee was reimbursed for $25 in coffee supplies for the office. When is the expense recorded in the accounting records?
Select one:
a.
On the date when the petty cash fund is replenished
b.
On the date when the employee was reimbursed from Petty Cash
c.
On the date when the coffee is used
d.
On the date of the companys year end
e.
Once a month
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