Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a petty cash fund was established with a $ 500 bal

A petty cash fund was established with a $ 500 balance. It currently has cash...

80.2K

Verified Solution

Question

Accounting

A petty cash fund was established with a $ 500 balance. It currently has cash of $ 17 and petty cash tickets as shown below: Travel expense $ 102

Office supplies expense 280

Equipment rental expense 79

Which of the following would be included in the journal entry to replenish the Petty Cash fund?

a.

debit to Cash Short & Over for $ 22$22

B.

credit to Cash Short & Over for $ 22$22

C.

credit to Petty Cash for $ 22$22

D.

debit to Petty Cash for $ 22

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1) You and a friend are talking about the probability of getting a heads on a...

Basic Math
Q

Find the conjugacy classes in S3AND write down the class equation for S3 We know that S3...

Advance Math
Q

Consider the combustion reaction of hydrocarbon. CH + O2 -----> CO2 + H20 a. Write out the...

Chemistry
Q

Design and simulate a triangle wave generator with fo=1.5 kHz and Vo(pp) = 5V please use online...

Electrical Engineering
Q

The speeds of 80 vehicles were collected from a roadway section to estimate the mean speed....

Civil Engineering
Q

Project Details John and Jane Doe are newlyweds with executive track careers at ACME Gadget Company. In...

Advance Math
Q

If an electron travels 0.260 m from an electron gun to a TV screen in...

Physics
Q

By inserting a capillary tube upito a depth I in water the water rises to...

Physics
Q

Mellissa plotted the graph of a function The function contains the points 2 4 and...

Basic Math
Q

for the following exerc de 3 2824 range of the quadratic function f x 2x...

Algebra
Q

Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company...

Accounting
Q

Question 6 (2 points) What labels did we apply to the vertical axis and horizontal...

Accounting