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On September 1, you compare the petty cash book balance of $29.30 with the actual currency in the petty cash box. The box contains the
On September 1, you compare the petty cash book balance of $29.30 with the actual currency in the petty cash box. The box contains the following: 2$5 bills; 6$1 bills; 12-half dollars; 8-quarters; 34-dimes; 16-nickels; and 25 pennies. Complete the following to find the amount of cash shortage/overage: 1. Balance in petty cash book on September 1 2. Actual amount in petty cash box 3. Cash short/over (use parentheses to indicate shortage) 2. Actual amount in petty cash box 3. Cash short/over (use parentheses to indicate shortage) Complete the following to show corrected petty cash book balance: 4. Balance in petty cash book on September 1 5. Cash short/over (add or subtract as appropriate) 6. Corrected balance in petty cash book Complete the following form to find the amount to replenish the fund to bring it back to its original balance of $100.00 : 7. Original petty cash balance 8. Deduct corrected balance in petty cash book 9. Amount to replenish fund
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