Business
Business, 11.12.2019 06:31, imstressed

If a petty cash fund is established in the amount of $250, and contains $151 in cash and $94 in receipts for disbursements when it is replenished, the journal entry to record replenishment should include credits to the following accounts

a. petty cash, $94.
b. petty cash, $99.
c. cash, $94; cash over and short, $5.
d. cash, $99.

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Answers: 2

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If a petty cash fund is established in the amount of $250, and contains $151 in cash and $94 in rece...

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