A company writes a check to replenish a ($100) petty cash fund when the fund contains receipts

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A company writes a check to replenish a $$100$ petty cash fund when the fund contains receipts of $$94$ and $$3$ in cash. In recording the check, the company should:

a. debit Cash Over and Short for $$3.$

b. debit Petty Cash for $$94.$

c. credit Cash for $$94.$

d. credit Petty Cash for $$3.$

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Accounting Principles

ISBN: 9780471980193

8th Edition

Authors: Jerry J Weygandt, Donald E Kieso, Paul D Kimmel

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Question Posted: May 13, 2024 06:00 AM

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A company writes a check to replenish a ($100) petty cash fund when the fund contains receipts

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Accounting Principles

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