Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Time left 0:44.25 estion 28 yet wered On October 2, 2017. Bienvenu Manufacturing Company established a petty cash fund by issuing a check for 350

image text in transcribed

Time left 0:44.25 estion 28 yet wered On October 2, 2017. Bienvenu Manufacturing Company established a petty cash fund by issuing a check for 350 to the custodian of the petty cash fund. On October 31, 2017. The custodian submitted the following paid petty cash vouchers for replenishment of the petty cash fund when there is 15 cash in the fund ked out of Freight-In 145 lag question Supplies Expense 55 Entertainment of clients 89 Postage Expense 50 The journal entry to replenish the account would include a credit to Cash for $350. Ob credit to Cash Over and Short for $4. O c. debit to Cash Over and Short for $4. Od debit to Petty Cash for $339

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions