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Samantha's Babysitting Service's $200 petty cash fund has a shortage of $4. The facts are $80 invalid receipts for expenses; $116 in coins and currency.
Samantha's Babysitting Service's $200 petty cash fund has a shortage of $4. The facts are $80 invalid receipts for expenses; $116 in coins and currency. The journal entry to replenish the petty cash fund would include a:
credit to Cash for $80. |
credit to Petty Cash for $84. |
credit to Cash Short; Over for $4. |
debit to Cash Short; Over for $4. |
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