A petty cash fund was established with a $400 balance. It currently has cash of $9 and petty cash slips as shown below.
The journal entry to replenish the account would be which of the following?
A) Credit Cash short and over for $1
B) Credit Petty cash fund $1
C) Debit to Cash short and over for $1
D) Debit Petty cash fund $1
Correct Answer:
Verified
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