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Assume that the custodian of a $780 petty cash fund has $172.50 in coins and currency plus $580.50 in receipts at the end of the

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Assume that the custodian of a $780 petty cash fund has $172.50 in coins and currency plus $580.50 in receipts at the end of the month. The entry to replenish the petty cash fund will include: Multiple Choice C ) A debit to Cash Over and Short for $27.00 O A credit to Cash Over and Short for $608. 0 A credit to Cash for $580.50 In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 30 Deposits in transit at month-end Outstanding checks at month-end Bank service charges EFT automatically deducted monthly, not yet recorded by Maxi An NSF check returned on a customer account $7,125 $2,280 $ 760 $ 49 $ 860 $ 505 The adjusted cash balance per the books on January 31 is: Multiple Choice O $7.991

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