A $150 petty cash fund has cash of $44 and receipts of $93. The journal entry to replenish the account would include a
A) credit to Petty Cash for $49.
B) debit to Cash for $93.
C) debit to Cash Over and Short for $13.
D) credit to Cash for $44.
Correct Answer:
Verified
Q86: Accompanying the bank statement was a debit
Q101: Entries are made to the Petty Cash
Q102: Which of the following would be subtracted
Q103: Jamison Company developed the following reconciling information
Q104: Which of the following would be subtracted
Q105: During a bank reconciliation process,
A) Outstanding checks
Q107: Derek Company gathered the following reconciling information
Q109: Thompson Company developed the following reconciling information
Q110: The amount of cash to be reported
Q111: What entry is required in the company's
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents