A $135 petty cash fund has cash of $18 and receipts of $120. The journal entry to replenish the account would include a
A) credit to Petty Cash for $120
B) debit to Cash for $120
C) credit to Cash Short and Over for $3
D) credit to Cash for $102
Correct Answer:
Verified
Q115: Pilger Corporation has cash on hand at
Q116: Cash equivalents
A) are illegal in some states
B)
Q117: Match the following elements of internal control:
-Control
Q118: A $200 petty cash fund has cash
Q119: The debit recorded in the journal to
Q121: Match the following elements of internal control:
-Control
Q122: Match the following elements of internal control:
-Information
Q123: Match each item to a bank statement
Q124: Match each item to a bank statement
Q138: Match each item to a bank statement
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