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harra harra
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Posts: 1309
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6 years ago
A petty cash fund, established with a $225 balance, had the following petty cash tickets and $14 in cash:

Office supplies   $51
Delivery expense   62
Postage expense   94

The entry to replenish the fund would be:
A)
Petty Cash   207   
        Cash in Bank      207

B)
Office Supplies   51   
Delivery Expense   62   
Postage Expense   94   
Cash Short and Over   4   
        Cash in Bank      211

C)
Office Supplies   51   
Delivery Expense   62   
Postage Expense   94   
        Cash in Bank      207

D)
Cash in Bank   211   
        Petty Cash      211
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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migrodmigrod
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6 years ago
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