Question: nt: Your FSA ID E-T X cation.com/flow/connect.html ecure https:/ Help Save & Exlt A company wants to decrease its $200.00 petty cash fund to $50.00.
nt: Your FSA ID E-T X cation.com/flow/connect.html ecure https:/ Help Save & Exlt A company wants to decrease its $200.00 petty cash fund to $50.00. The entry to reduce the fund is: Multiple Choice Debit Petty Cash for $50.00, debit Cash Over and Short $181.00: credit Cash $200.00 Debit Cesh Over and Short for $8.50; credit Petty Cash $8.50. Debit to Cash $150.00; credit Petty Cash $150.00. Debit Petty Cash $131.00;credit Cash $131.00. Debit Miscellaneous Expenses $19.00, credit Cash $19.00
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