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11 December, 06:45

Assume that the custodian of a $450 petty cash fund has $57.10 in coins and currency plus $387.00 in receipts at the end of the month. The entry to replenish the petty cash fund will include:a. A debit to Cash for $388.50. b. A credit to Cash Over and Short for $4.00. c. A debit to Petty Cash for $392.50. d. A credit to Cash for $396.50. e. A debit to Cash for $396.50.

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  1. 11 December, 09:12
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    e a debit to cash for 396.50
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