Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a $240 petty cash fund has cash of $15 and receipt

A $240 petty cash fund has cash of $15 and receipts of $ 180. The...

60.1K

Verified Solution

Question

Accounting

A $240 petty cash fund has cash of $15 and receipts of $ 180. The joumal entry to replenish the account would include a credit to
O PettyCashfor$225.
O Cash for $225.
O Cash for $180.
O cash over and short for $15.

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

Other questions asked by students

Q

A 2kg block slides down a surface inclined at 30 degrees. In traveling 50cm its speed...

Physics
Q

Consider a clocked synchronous state machine with two inputs, A and B, and a single output...

Mechanical Engineering
Q

Male Pattern Baldness is an X linked reces sive trait The shaded symbols on the...

Biology
Q

An electric bulb illuminates a plane surface The intensity of illumination on the surface at...

Physics
Q

6 The diagram shows an electric circuit 152 resistor battery lamp ammeter d i Name...

Physics
Q

Solve by using the strategies for solving application problems.It costs a manufacturer $9.99 to produce...

Basic Math
Q

Homework: Chapter 6 Lab Score: 0 of 1 pt 1 of 1 (1 complete) ...

Accounting
Q

Questions as marks) You are provided with the following statement of financial position of Kulle...

Accounting
Q

The goals and objectives of establishing budgeting in an organization include all of the following...

Accounting
Q

om Help Save& Exit Submit Check my Sharp Company manufactures a product for which the...

Accounting
Q

Solve for the missing information designated by "?" in the following table. (Use 365 days...

Accounting
Q

Interest Earned. Claire has invested $6,000 in a 15-month CD that pays an annualized rate...

Finance