Solved

Use the Following Information to Answer Questions

Question 134

Multiple Choice

Use the following information to answer questions
On October 2, 2011, Bienvenu Manufacturing Company established a petty cash fund by issuing a check for €350 to the custodian of the petty cash fund.On October 31, 2011, The custodian submitted the following paid petty cash vouchers for replenishment of the petty cash fund when there is €15 cash in the fund: Use the following information to answer questions  On October 2, 2011, Bienvenu Manufacturing Company established a petty cash fund by issuing a check for €350 to the custodian of the petty cash fund.On October 31, 2011, The custodian submitted the following paid petty cash vouchers for replenishment of the petty cash fund when there is €15 cash in the fund:   -The journal entry to replenish the account would include A) debit to Cash Over and Short for €4. B) credit to Cash Over and Short for €4. C) debit to petty Cash for €339. D) credit to cash for €350.
-The journal entry to replenish the account would include


A) debit to Cash Over and Short for €4.
B) credit to Cash Over and Short for €4.
C) debit to petty Cash for €339.
D) credit to cash for €350.

Correct Answer:

verifed

Verified

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

Related Questions