Aspen Inc.has a petty cash fund of $200.At the end of the month,$6.41 remains in the fund along with $190.96 in various receipts.The journal entry to replenish the fund would show a debit(s)to:

Question

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The total of the receipts is $190.96, and the remaining cash is $6.41, which totals $197.37. Since the petty cash fund should be $200, there is a shortage of $2.63. Therefore, the entry should debit various expenses for $190.96 and Cash Short for $2.63.

Aspen IncHas a Petty Cash Fund of $200