ssume that the Potty Casher of a $400 petty cash fund fas $340 n cash plus S00 n recepts at the end of the month The entry to replersh (rembune) the potty cash fund wil nclude A credt to Cash for $00 O Adobit to Cash for $340 O A credt to Cash for $340 OAdebil to Cash for $00

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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QUESTION 4
Assumo that tho Petty Cashier of a $400 petty cash fund has $340 in cash plus $60 in rocepts at the end of the month The entry to replonish (rembunse) the potty cash fund wil
nclude
A crodit to Cash for $60
O A dobit to Cash for $340
O A credit to Cash for $340
O A debit to Cash for $00
Transcribed Image Text:QUESTION 4 Assumo that tho Petty Cashier of a $400 petty cash fund has $340 in cash plus $60 in rocepts at the end of the month The entry to replonish (rembunse) the potty cash fund wil nclude A crodit to Cash for $60 O A dobit to Cash for $340 O A credit to Cash for $340 O A debit to Cash for $00
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