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If a petty cash fund is established in the amount of $194, and contains $112 in cash and $87 in receipts for disbursements when
If a petty cash fund is established in the amount of $194, and contains $112 in cash and $87 in receipts for disbursements when it is replenished, the journal entry to record replenishment should include credits to the following account(s) O Cash, $82; Cash Over and Short, $5. O Cash, $87. O Petty Cash, $87. Petty Cash, $82.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
133428532, 978-0133428537
