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gOOvER gOOvER
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6 years ago
A petty cash fund, established with a $200 balance, had the following petty cash tickets as well as $34 in cash:

Office supplies   $42
Delivery expense   39
Miscellaneous expense   12
Postage expense   75

The entry to replenish the fund would be:
A)
Petty Cash   168   
        Cash in Bank      168

B)
Office Supplies   42   
Delivery Expense   39   
Miscellaneous Expense   12   
Postage Expense   75   
        Cash in Bank      168

C)
Office Supplies   42   
Delivery Expense   39   
Miscellaneous Expense   12   
Postage Expense   75   
        Cash in Bank      166
        Cash Short and Over      2

D)
Cash in Bank   168   
        Petty Cash      168
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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KryzenKryzen
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#1
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6 years ago
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gOOvER Author
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6 years ago
Just got PERFECT on my quiz
Roselalo
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
annabananerz
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2 hours ago
this is exactly what I needed
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