Solved

A Company Has a Petty Cash Fund Amount of $200

Question 157

Multiple Choice

A company has a petty cash fund amount of $200. When replenished, it has petty cash receipts of $15 for gas expense, $23 for postage expense, $18 for supplies expense and $12 for miscellaneous expenses. In the journal entry, Cash would be credited for:


A) $68.
B) $132.
C) $42.
D) $200.

Correct Answer:

verifed

Verified

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

Related Questions