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Assume that the custodian of a $705 petty cash fund has $147.50 in coins and currency plus $535.50 in receipts at the end of the
Assume that the custodian of a $705 petty cash fund has $147.50 in coins and currency plus $535.50 in receipts at the end of the month. The entry to replenish the petty cash fund will include: Multiple Choice A debit to Cash Over and Short for $22.00. A credit to Cash for $535.50 A credit to Cash Over and Short for $558 A debit to Petty Cash for $535.50 A debit to Cash for $514
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