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H3Ko H3Ko
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7 years ago
A petty cash fund was established with a $600 balance. It currently has cash of $19 and petty cash tickets as shown below:

Travel expense   $102
Office supplies expense   285
Equipment rental expense   79

Which of the following would be included in the journal entry to replenish the Petty Cash fund?
A) debit to Cash Short & Over for $115
B) credit to Petty Cash for $115
C) debit to Petty Cash for $115
D) credit to Cash Short & Over for $115
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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H3Ko Author
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#2
7 years ago
I just realized you had posted this! Thanks so much
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#3
6 years ago
Thank you!
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#4
3 years ago
Lol
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#5
3 years ago
Thank you!
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