Multiple Choice
The entry to replenish a $200 petty cash fund, which has cash of $40 and valid receipts for $148, would include
A) a credit to Cash for $160.
B) a debit to Petty Cash for $160.
C) a credit to Cash for $148.
D) a credit to Petty Cash for $148.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q109: When a deposit is completed it should
Q110: Determine the cash short (-) or over
Q111: Petty Cash is used to provide cash
Q112: When completing a bank reconciliation, explain why
Q113: A deposit receipt usually separates cheques deposited
Q115: The auxiliary petty cash record is not
Q116: The drawee of a cheque is normally
Q117: Cash Short & Over _ _ _
Q118: Prepare journal entries for the following petty
Q119: A $50 petty cash fund has cash