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  3. jacobi international has a petty cash fund of $500

Jacobi International has a petty cash fund of $500. The petty cash custodian has $137...

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Accounting

Jacobi International has a petty cash fund of $500. The petty cash custodian has $137 in the petty cash fund and receipts totaling $361. If the petty cash custodian debits various expenses for a total of $137, how would the custodian account for the missing cash? Debit Cash Over and Short $463. Credit Cash Over and Short $463. Debit Cash $2, and credit Cash Over and Short $2. O Debit Cash Over and Short $2, and credit Cash $2

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