Calculator A $150 petty cash fund has cash of $54 and receipts of $83. The journal entry to replenish the account would indlude a a. debit to Cash for $83 Ob. debit to Cash Short and Over for $13 Oc. credit to Cash for $54 Od. credit to Petty Cash for $29 ( Previous へ

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 4EA: Record the following transactions: A. Started a petty cash fund in the amount of $500. B....
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A $150 petty cash fund has cash of $54 and receipts of $83. The journal entry to replenish the account would indlude a
a. debit to Cash for $83
Ob. debit to Cash Short and Over for $13
Oc. credit to Cash for $54
Od. credit to Petty Cash for $29
( Previous
へ
Transcribed Image Text:Calculator A $150 petty cash fund has cash of $54 and receipts of $83. The journal entry to replenish the account would indlude a a. debit to Cash for $83 Ob. debit to Cash Short and Over for $13 Oc. credit to Cash for $54 Od. credit to Petty Cash for $29 ( Previous へ
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