Assume that the custodian of a $450 petty cash fund has $61.90 in coins and...
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Accounting
Assume that the custodian of a $450 petty cash fund has $61.90 in coins and currency plus $383.00 in receipts at the end of the month. The entry to replenish the petty cash fund will include:
Multiple Choice
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A credit to Cash for $388.10.
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A debit to Petty Cash for $383.00.
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A debit to Cash for $388.10.
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A debit to Cash for $377.90.
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A credit to Cash Over and Short for $5.10.
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