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LCOBA Inc. opened a petty cash account with an initial balance of $100. At the end of the month the petty cash box contained $18
LCOBA Inc. opened a petty cash account with an initial balance of $100. At the end of the month the petty cash box contained $18 in cash and the following receipts: $35 for postage, $25 for office supplies, $25 for client lunch. The entry to replenish the petty cash account will include which of the following? O A debit to Petty Cash for $85 O A credit to Cash Over/Short for $3 O A debit to Cash Over/Short for $3 O A debit to Cash for $85 Some other
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