Multiple Choice
A petty cash fund of $100 is replenished when the fund contains $5 in cash and receipts for $91. The entry to replenish the fund would
A) credit Cash Over and Short for $4.
B) credit Miscellaneous Revenue for $4.
C) debit Cash Over and Short for $4.
D) debit Miscellaneous Expense for $4.
Correct Answer:
Verified
Correct Answer:
Verified
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