Multiple Choice
The entry at the end of the month to reimburse the petty cash for the amount spent is:
A) Debit petty cash expenses; credit bank
B) Debit petty cash asset; credit petty cash expenses
C) Debit petty cash asset; credit bank
D) Debit bank; credit petty cash asset
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q28: A deposit entered in the firm's books
Q29: Assuming the account is not in overdraft,when
Q30: When preparing the bank reconciliation,where the bank
Q31: The petty cash account is what type
Q32: Becker Carpets makes all sales on
Q34: Which of these is not a good
Q34: Which of these principles of cash managements
Q35: Storyboard Ltd had an unadjusted bank account
Q37: Malaysian Carpets makes all sales on
Q60: Which of these is not an advantage