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    mannydiaz27's Avatar
    mannydiaz27 Posts: 7, Reputation: 1
    New Member
     
    #1

    Mar 17, 2008, 03:19 PM
    Finc acct
    A$100 petty cash fund contains $92 in petty cash receipts, and $6.50 in currency and coins. The journal entry to record the replishnment of the fund would include a:

    A) credit to petty cah for $93.50

    B) credit to cash for $92

    C) debit to cashShort and over for $1.50
    MaggieMouse's Avatar
    MaggieMouse Posts: 226, Reputation: 8
    Full Member
     
    #2

    Mar 17, 2008, 05:20 PM
    Dr. Expense Cr. Cash for the receipt amount.

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