Multiple Choice
A petty cash fund was established with a $600 balance.It currently has cash of $25 and petty cash tickets as shown below. Which of the following would be the journal entry to replenish the Petty Cash account?
A) debit to Cash Short & Over for $55
B) credit Cash Short & Over for $55
C) debit Petty Cash $55
D) credit Petty Cash $55
Correct Answer:

Verified
Correct Answer:
Verified
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