menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Principles Study Set 2
  4. Exam
    Exam 7: Internal Control and Cash
  5. Question
    If a Petty Cash Account Is Short and the Fund
Solved

If a Petty Cash Account Is Short and the Fund

Question 43

Question 43

True/False

If a petty cash account is short and the fund is replenished, then the account which would be debited is the expense account Cash Over and Short.

Correct Answer:

verifed

Verified

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

Related Questions

Q33: Control activities are the actions that must

Q39: Which of the following is NOT considered

Q40: Proper segregation of accounting duties eliminates the

Q41: Cash is listed in the current asset

Q42: The entry to replenish a petty cash

Q45: Which of the following is NOT a

Q46: An accounts payable clerk also can change

Q48: The first journal entry to establish a

Q59: The daily cash count of cash register

Q69: Responsibility for authorizing and approving transactions must

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