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Use the Following Information to Answer Questions 350€ 350 To the Custodian of the Petty Cash Fund

Question 103

Multiple Choice

Use the following information to answer questions . On October 2, 2011, Bienvenu Manufacturing Company established a petty cash fund by issuing a check for 350€ 350 to the custodian of the petty cash fund. On October 31, 2011, The custodian submitted the following paid petty cash vouchers for replenishment of the petty cash fund when there is 15€ 15 cash in the fund:
 Freight-in 145 Office Supplies Expense 55 Entertainment of clients 89 Postage Expense 50\begin{array} { l r } \text { Freight-in } & € 145 \\ \text { Office Supplies Expense } & 55 \\ \text { Entertainment of clients } & 89 \\ \text { Postage Expense } & 50 \end{array}
-The journal entry to replenish the account would include


A) debit to Cash Over and Short for 4€ 4 .
B) \quad credit to Cash Over and Short for 4€ 4 .
C) debit to petty Cash for 339€ 339 .
D) \quad credit to cash for 350€ 350 .

Correct Answer:

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