A $100 petty cash fund contains $91 in petty cash receipts and $11 in currency and coins. The journal entry to record the replenishment of the fund would include a

a. credit to Cash for $91.

b. credit to Cash Short and Over for $2.

c. credit to Petty Cash for $91.

d. debit to Cash Short and Over for $2.

C

Explanation:

in the journal entry to replenish the petty cash fund, the expenses that this fund has paid must be recognized.

so the first step is option C

journal entry n 1

Expenses (miscellaneous) $91.

petty cash fund $91

and then since the fixed fund has $ 11 in cash, its replacement is for $ 89 to reach the $ 100 fool

journal entry n 2

petty cash fund $ 89

Cash $89