Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 5- khaled's company needs to replenish a $500 pett

5- Khaled's company needs to replenish a $500 petty cash fund. Its petty cash box...

90.2K

Verified Solution

Question

Accounting

image

5- Khaled's company needs to replenish a $500 petty cash fund. Its petty cash box has $70 cash and petty cash receipts of S420. The joumal entry to replenish the fund includes: A. A debit to Cash for $70. B. A credit to Cash for $70. C. A debit to Cash Over and Short for $10 D. A credit to Cash Over and Short for $10. E. A credit to Petty Cash for $420

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

A marketing research professor is conducting a telephone survey and needs to contact at least 160...

Operations Management
1.2K views

Regional Airlines is establishing a new telephone system for handling flight reservations. During the 10:00 AM...

Operations Management
1.2K views

Consider the following linear programming problem, and find the solution graphically in excel.                         Maximize                     4X + 10Y                         Subject to:                    3X +...

Mechanical Engineering
1.2K views

A plane wall is a composite of three materials, A, B and C. The wall of...

Advance Math
1.2K views

Use the bisection method to approximate the root of f(x)=x-cosx in the range [0.0,1.5]. Stop when...

Biology
1.2K views

oints 3 In the story One of These Days why is the line Now you...

Physics
1.2K views

in the circuit shown V 12Volts Ri 70 R 1950 and C 50uFarads the capacitor...

Algebra
1.2K views

Consider the two points A = (-1,2) and B = (1,8) to be points on...

Accounting
1.2K views

What choices does an executor of an estate have in determining the values of assets...

Accounting
1.2K views

Las acciones propias son: a) acciones mantenidas como inversin por el tesorero de la corporacin...

Accounting
1.2K views

Mitchell's company is a producer of medical marijuana. He is trying to determine his cost...

Finance
1.2K views

Johayoun your own. He received 514 000 for his recent adition and is looking for...