menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting Study Set 1
  4. Exam
    Exam 6: Banking Procedure and Control of Cash
  5. Question
    The Entry Establishing a $200 Petty Cash Fund Would Include
Solved

The Entry Establishing a $200 Petty Cash Fund Would Include

Question 95

Question 95

Multiple Choice

The entry establishing a $200 petty cash fund would include a:


A) debit to Cash for $200.
B) credit to Petty Cash for $200.
C) debit to Petty Cash for $200.
D) debit to Miscellaneous Expense for $200.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q15: What is the difference between a debit

Q43: Deposits in transit result because of a

Q48: List and describe some of the electronic

Q60: Cash Short and Over is:<br>A) a Misc.

Q67: Scotch Services received a credit memorandum from

Q77: Company policy for internal control should include

Q91: Internal control over a company's assets should

Q93: A nonsufficient funds check was returned to

Q96: The debit recorded in the journal to

Q137: An employee assigned the responsibility for overseeing

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines