Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
A petty cash fund was established with a $600 balance. It currently has cash of $130 and petty cash tickets as shown below:

Travel expense   $115
Office supplies expense   310
Equipment rental expense   45

Which of the following would be the journal entry to replenish the Petty Cash account?
A) debit various expenses $470; credit Cash $470
B) debit Cash $130; credit various expenses $130
C) debit various expenses $470; credit Petty Cash $470
D) credit Petty Cash $470; debit Cash $470
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
Read 1416 times
5 Replies
Replies
Answer verified by a subject expert
.unplugged..unplugged.
wrote...
Top Poster
Posts: 1272
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

H3Ko Author
wrote...
7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
wrote...
4 years ago
help
wrote...
3 years ago
hey
wrote...
2 years ago
Thank you
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1073 People Browsing
Related Images
  
 180
  
 254
  
 1604
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352