What is the effect of a $0.75 shortage in the petty cash fund when the custodian requests a replenishment cheque? Assume the petty cash fund is replenished at the end of every month.

• A
• :
• the total expense this month will be $0.75 more than the total of the receipts submitted
• B
• :
• the total expense next month will be $0.75 more than the total of the receipts submitted
• C
• :
• the total expense this month will be $0.75 less than the total of the receipts submitted
• D
• :
• the total expense next month will be $0.75 less than the total of the receipts submitted