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Assume that the custodian of a $450 petty cash fund has $62 in coins and currency plus $383 in receipts at the end of the

Assume that the custodian of a $450 petty cash fund has $62 in coins and currency plus $383 in receipts at the end of the month. The entry to replenish the petty cash fund will include:

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  • A debit to Cash for $378.

  • A credit to Cash for $383.

  • A debit to Petty Cash for $383.

  • A credit to Cash Over and Short for $5.

  • A debit to Cash Over and Short for $5.

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