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Assume that the custodian of a $705 petty cash fund has $47.50 in colns and currency plus $535.50in receipts at the end of the month.

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Assume that the custodian of a $705 petty cash fund has $47.50 in colns and currency plus $535.50in receipts at the end of the month. The entry to replenish the petty cash fund will Include: Multiple Choice A debit to Cash for $514. A debit to Cash Over and Short for $22.00. A debit to Petty Cash for $535.50 A credit to Cash for $535.50. A credit to Cash Over and Short for $558 PrevS of 11

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