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The following information is available for Ellen's Fashions, Inc. for the current month. Book balance end of month Outstanding checks Deposits in transit Service charges
The following information is available for Ellen's Fashions, Inc. for the current month. Book balance end of month Outstanding checks Deposits in transit Service charges Interest revenue $6.900 650 3.500 105 45 What is the adjusted book balance on the bank reconciliation? O A. $7,490 O B. $6.750 O C. $6.840 D. $9.600 A petty cash fund was established with a $550 balance. It currently has cash of $90 and petty cash tickets as shown below: Travel expense Office supplies expense Equipment rental expense $110 315 35 Which of the following would be the journal entry to replenish the Petty Cash account? O A. debit Cash $90; credit various expenses $90 OB. credit Petty Cash $460; debit Cash $460 O C. debit various expenses $460: credit Petty Cash $460 OD. debit various expenses $460: credit Cash $460 A petty cash fund was established with a $600 balance. It currently has cash of $19 and petty cash tickets as shown below: Travel expense Office supplies expense Equipment rental expense $101 280 79 Which of the following would be included in the journal entry to replenish the Petty Cash fund? O A. debit to Cash Short & Over for $121 OB. debit to Petty Cash for $121 OC. credit to Cash Short & Over for $121 D. credit to Petty Cash for $ 121
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