Multiple Choice
The entry to replenish a $300 petty cash fund,which has cash of $140 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
Q2: From the following information,prepare the bank reconciliation
Q4: Prepare journal entries for the following petty
Q9: A payment for $51 is incorrectly recorded
Q11: Which of the following transactions would most
Q47: List at least five company policies that
Q64: Outstanding checks:<br>A) have been deducted from the
Q92: The Petty Cash account is used to
Q98: If the ending balance in the Cash
Q105: The bank charged another company's deposit to
Q133: The credit recorded in the journal entry