Question
A Petty cash fund of $200 was created during the month. The current balance in the Petty Cash account includes $45 in receipts and $165
A Petty cash fund of $200 was created during the month. The current balance in the Petty Cash account includes $45 in receipts and $165 in currency. The entry to reduce the fund to $150 will include a
Debit to Miscellaneous Expenses for $35
Debit to Cash for $165
Debit to Cash for $15
Credit to Petty Cash for $15
Debit to Cash Short and Over for $10
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Auditing SAP S 4HANA
Authors: Steve Biskie
1st Edition
1493222643, 978-1493222643
