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A petty cash fund of $100 is replenished when the fund contains $4 in cash and receipts for $98. The entry to replenish the
A petty cash fund of $100 is replenished when the fund contains $4 in cash and receipts for $98. The entry to replenish the fund would a. debit Cash Over and Short for $2. b. debit Miscellaneous Expense for $2 c. credit Cash Over and Short for $2. d. credit Miscellaneous Revenue for $2.
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Core Concepts of Accounting Information Systems
Authors: Mark G. Simkin, Jacob M. Rose, Carolyn S. Norman
12th edition
1118022300, 978-1118022306
