Question
If a petty cash fund is established in the amount of $224, and contains $146 in cash and $81 in receipts for disbursements when it
If a petty cash fund is established in the amount of $224, and contains $146 in cash and $81 in receipts for disbursements when it is replenished, the journal entry to record replenishment should include credits to the following accounts
Petty Cash, $81.
Petty Cash, $3.
Cash, $78.
Cash, $78; Cash Over and Short, $3.
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Cost Accounting Planning And Control
Authors: Adolph Matz, Milton F. Usry
10th Edition
0538809256, 978-0538809252
