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Need Correct answer The custodian of a $465 petty cash fund discovers that the fund has $67.50 in coins and currency plus $391.50 in receipts
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The custodian of a $465 petty cash fund discovers that the fund has $67.50 in coins and currency plus $391.50 in receipts at the end of the month. The entry to replenish the petty cash fund will include: Multiple Choice A debit to Cash for $386. A debit to Cash Over and Short for $6.00. 5 A debit to Petty Cash for $391.50. A credit to Cash for $391.50. A credit to Cash Over and Short for $398Step by Step Solution
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