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On October 2, 2011, Bienvenu Manufacturing Company established a petty cash fund by issuing a check for €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 cash in the fund:
-The journal entry to replenish the account would include

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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 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 cash in the fund: 
-The journal entry to replenish the account would include

Quizplus · Accepted Answer

When replenishing a petty cash fund, any discrepancies such as shortages are recorded by crediting the Cash Over and Short account.

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