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Title: Leo Company has a petty cash fund of $300. At the end of the month, $42.38 remains in the fund along ... Post by: tivo on Feb 20, 2017 Leo Company has a petty cash fund of $300. At the end of the month, $42.38 remains in the fund along with $260.75 in various receipts. The journal entry to replenish the fund would be:
A) debit Petty Cash for $257.62 and credit Cash for $257.62. B) debit various expenses, $254.49; debit Cash Short for $3.13 and credit Cash for $257.62. C) debit various expenses, $260.75; credit Cash Over for $3.13 and credit Cash for $257.62. D) debit various expenses, $260.75 and credit Cash for $260.75. Title: Re: Leo Company has a petty cash fund of $300. At the end of the month, $42.38 remains in the fund ... Post by: antonio_john on Feb 20, 2017 Content hidden
Title: Re: Leo Company has a petty cash fund of $300. At the end of the month, $42.38 remains in the fund along ... Post by: tivo on Apr 10, 2017 I appreciate it once again, answered correctly
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