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Davidson Co. has a $145 petty cash fund. At the end of the month, the fund has cash of $13 and receipts of $135. The
Davidson Co. has a $145 petty cash fund. At the end of the month, the fund has cash of $13 and receipts of $135. The journal entry to replenish Davidson's Petty Cash account would include
A credit to Cash Short and Over for $3
B credit to Petty Cash for $135
C debit to Cash for $135
D credit to Cash for S122
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Principles Of Financial Accounting (Chapters 1-17)
Authors: John Wild
25th Edition
1260780147, 9781260780147
