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  • Accounting Exam #3 Flashcards | Quizlet
    Study with Quizlet and memorize flashcards containing terms like The entry to replenish a petty cash fund includes a credit to, A $300 petty cash fund has cash of $39 and receipts of $255
  • Solved The entry to replenish a $280 petty cash fund, which - Chegg
    The entry to replenish a $280 petty cash fund, which has cash of $170 and valid receipts for $120 would include: A a credit to Petty Cash for $120 B a credit to Cash for $110 C a credit to Cash for $120 D a debit to Petty Cash for $110 Your solution’s ready to go!
  • The entry to replenish a $270 petty cash fund, which has cash. . .
    The entry to replenish a $270 petty cash fund, which has cash of $170 and valid receipts for $160 would include: Question content area bottom Part 1 A a debit to Petty Cash for $100
  • Journal Entries for Petty Cash - FL
    If for some reason, the company needs to recognize a cash overage shortage then the entry will also include a cash over short As one would expect with an asset, it will be a debit if there is an overage and a credit if there is a shortage
  • Petty Cash Replenishment Journal Entry | Example - FinancEazy
    We can make the petty cash replenishment journal entry by debiting the expenses accounts and crediting the cash account for the petty cash expenses that we have so far In this journal entry, there is no petty cash account involved There is only a credit of the cash account
  • accounting 6-10 Flashcards | Quizlet
    This was recorded with a debit to Sales Discounts for $1, a debit to Cash for $99, and a credit to Accounts Receivable $100, but no mention was made of the subsidiary ledger account
  • Petty Cash Fund Prepare journal entries for each of the
    Prepare journal entries for each of the following: a Issued a check to establish a petty cash fund of $500 If an amount box does not require an entry, leave it blank b The amount of cash in the petty cash fund is $85
  • Practice: Journalizing Petty Cash Transactions – Financial Accounting
    Make the general journal entry to create the petty cash fund Make the general journal entry on June 30th to record the petty cash fund replenishment Cash in the fund totals $76 Assume that Kimiko's Dance Studio decides to decrease the petty cash fund on June 1st to $131
  • Solved b. The amount of cash in the petty cash fund is $270 . . . - Chegg
    Question: b The amount of cash in the petty cash fund is $270 Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $312 and miscellaneous selling expense, $196 Record any missing funds in the cash short and over account
  • Petty Cash | Financial Accounting - Course Sidekick
    Petty cash is not used in the replenishment journal entry The journal entry to record replenishment is: To replenish a petty cash fund Note that the entry to record replenishing the fund does not credit the Petty Cash account





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