Question
Assume that the custodian of a $555 petty cash fund has $97.50 in coins and currency plus $445.50 in receipts at the end of the
Assume that the custodian of a $555 petty cash fund has $97.50 in coins and currency plus $445.50 in receipts at the end of the month. The entry to replenish the petty cash fund will include:
A credit to Cash for $445.50.
A debit to Cash Over and Short for $12.00.
A debit to Cash for $458.
A debit to Petty Cash for $445.50.
A debit to Cash for $434.
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The Art Of Integrating Strategic Planning Process Metrics Risk Mitigation And Auditing
Authors: J.B. Smith
1st Edition
0873899253, 978-0873899253
