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$1.00 accounting

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mika23
mika23 Not confirmed
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Q:
Samantha's Tutoring Service's $100 petty cash fund has a shortage of $4. The facts are: $80 in valid receipts for expenses; $16 in coins and currency. The journal entry to replenish the petty cash fund would include a:
// <![CDATA[ formCheckList.addElement(new Check_Answer({ref_label:"38",name:"mc-ans-_7565430_1"})); ]]>
credit to Cash for $80.
credit to Petty Cash for $84.
credit to Cash Short/Over for $4.
debit to Cash Short/Over for $4.
 

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  • Posted on Oct 29, 2009 at 1:16:12PM
Posted by :
Astrid
Astrid
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Preview: ... currency. The journal entry to replenish the pett ...
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