If a petty cash fund is established in the amount of $200, and contains $119 in cash and $86 in receipts for disbursements when it is replenished, the journal entry to record replenishment should include credits to the following accounts Select one: a. Cash, $81 b. Cash, $81; Cash Over and Short, $5 C. Petty Cash, $84. d. Petty Cash, $5.

If a petty cash fund is established in the amount of $200, and contains $119 in cash and $86 in receipts for disbursements when it is replenished, the journal entry to record replenishment should include credits to the following accounts Select one: a. Cash, $81 b. Cash, $81; Cash Over and Short, $5 C. Petty Cash, $84. d. Petty Cash, $5.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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