On May 1, Carlos set up a petty cash fund of $300. On May 31...
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On May 1, Carlos set up a petty cash fund of $300. On May 31 the petty cash fund had $22 in cash and $280 in petty cash tickets that were issued to pay for miscellaneous expenses. What is the journal entry needed to replenish the fund? O Debit: Miscellaneous expense $280 and Credit: Cash $280 Debit: Miscellaneous expense $280 and Credit: Petty Cash $280 Debit: Miscellaneous pense $278 and Credit: Cash $278 Debit: Miscellaneous Expense $280 and Credit: Cash $278 and Credit: Cash over and short $2 Question 20 2 pts Julianna's Jewelry, LLC received their bank statement for the month ended December 31, 2019. The bank balance was $2,100. Upon reconciling the account, Julianna noted that outstanding checks totaled $350. She also noticed on the bank statement there was a bank service charge of $35 she had not recorded, and interest income received from the bank of $75 that also had not been recorded. In addition, she had recorded a deposit of $1,000 on 12/31, but the bank was not showing it on the statement. The reconciled bank balance should be: $1,750 O $.2640 0 $2,000 O $2,750
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