Question
A petty cash fund was established with a? $150 balance. It currently has cash of? $25 and petty cash tickets as? follows: Office expense? $120
A petty cash fund was established with a? $150 balance. It currently has cash of? $25 and petty cash tickets as? follows: Office expense? $120 and Entertainment Expense? $20. Which of the following would be included in the journal entry to replenish the Petty Cash? fund?
A. debit to Cash Short? & Over for? $10
B. credit to Cash Short? & Over for? $15
C. credit to Cash Short? & Over for? $10
D. debit to Cash Short? & Over for? $15
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Eco Management And Audit Scheme
Authors: Gerardus Blokdyk
3rd Edition
0655169709, 978-0655169703
