A $300 petty cash fund has cash of $39 and receipts of $255.The journal entry to replenish the account would include
A) debit to Cash for $255.
B) credit to Petty Cash for $255.
C) debit to Petty Cash for $261.
D) credit to Cash for $261.
Correct Answer:
Verified
Q127: Which one of the following items would
Q185: A $150 petty cash fund has cash
Q186: A $250 petty cash fund has cash
Q187: A credit balance in Cash Over and
Q188: The entry to replenish a petty cash
Q190: All of the following actions would strengthen
Q191: Expected direct materials purchases in Rees Company
Q192: A $200 petty cash fund has cash
Q193: Expected direct materials purchases in Wade Company
Q194: Which of the following is not a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents