20. If a petty cash fund is established in the amount of $268, and contains...
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Accounting
20.
If a petty cash fund is established in the amount of $268, and contains $169 in cash and $95 in receipts for disbursements when it is replenished, the journal entry to record replenishment should include credits to the following accounts
Petty Cash, $95.
Cash, $95; Cash Over and Short, $4.
Cash, $99.
Petty Cash, $99.
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