A $ 1 5 0 petty cash fund has cash of $ 6 4 and valid receipts

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Question:

A $

150

petty cash fund has cash of $

64

and valid receipts for $

75 .

The entry to replenish the fund would be:

Cash

86

Various Expenses

75

Cash Short or Over

11

Petty Cash

86

Cash

86

Cash

64

Petty Cash

64

Various Expenses

75

Cash Short or Over

11

Cash

86

Posted Date: May 13, 2024 01:12 AM

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A $ 1 5 0 petty cash fund has cash of $ 6 4 and valid receipts

Question:

Expert Answer:

The correct entry to replenish the petty cash fund would be Debit Various Expenses ... View the full answer

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