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A Petty Cash Fund Was Established with a $600 Balance

Question 93

Multiple Choice

A petty cash fund was established with a $600 balance. It currently has cash of $18 and petty cash tickets as shown below: A petty cash fund was established with a $600 balance. It currently has cash of $18 and petty cash tickets as shown below: Which of the following would be included in the journal entry to replenish the Petty Cash fund? A) debit to Cash Short & Over for $117 B) credit to Cash Short & Over for $117 C) debit to Petty Cash for $117 D) credit to Petty Cash for $117 Which of the following would be included in the journal entry to replenish the Petty Cash fund?


A) debit to Cash Short & Over for $117
B) credit to Cash Short & Over for $117
C) debit to Petty Cash for $117
D) credit to Petty Cash for $117

Correct Answer:

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