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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
A petty cash fund was established with a $390 balance. It currently has cash of $43 and petty cash tickets totaling $347. Which of the following would be included in the entry to replenish the fund?
A) a credit to Cash for $347
B) a credit to Petty Cash for $347
C) a credit to Cash for $43
D) a debit to Petty Cash for $43
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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Posts: 2227
7 years ago
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H3Ko Author
wrote...
7 years ago
I just realized you had posted this! Thanks so much
wrote...
7 years ago
Excellent Slight Smile
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