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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
DogCo has a petty cash fund of $275. At the end of the month, $14.37 remains in the fund along with $269.43 in various receipts. The journal entry to replenish the fund would be to:
A) debit various expenses, $269.43; debit Cash Short for $8.80 and credit Cash for $278.23.
B) debit various expenses, $269.43; credit Cash Over for $8.80 and credit Cash for $260.63.
C) debit Petty Cash for $260.63 and credit Cash for $260.63.
D) debit various expenses, $269.43 and credit Cash for $269.43.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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tivo Author
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#2
7 years ago
I appreciate it once again, answered correctly
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