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q12 A business has a petty cash fund of $125. On its replenishment date of June 20, the petty cash fund has $25 cash and
q12
A business has a petty cash fund of $125. On its replenishment date of June 20, the petty cash fund has $25 cash and receipts for postage $25, office supplies $30, and miscellaneous $50. At the same time as replenishing the fund, the petty cash fund was increased by $25 to a total of $150. What is the amount credited to Cash when the petty cash fund was filled and increased in amount? Select one: a. $150 b. $130 c. $100 d. $125 e. $105 Step by Step Solution
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