Given the Following Information What Is the Amount That Needs to Be Recorded for

question 86

Multiple Choice

Given the following information: $\begin{array}{lrlr}\text { Petty cash balance } & \$ 530.00 & \text { Courier receipt } & \$ 74.22 \\\text { Postage receipt } & \$ 25.00 & \text { Office Supplies receipt } & \$ 95.64 \\\text { Business meal receipt } & \$ 54.21 & \text { Cash on hand at the end of the month }& \$ 299.71\end{array}$
What is the amount that needs to be recorded for cash over and short?

• A) Debit $23.29.
• B) Credit $23.29.
• C) Debit $18.78.
• D) No cash over and short is necessary.
• E) Credit $18.78.

---

Definitions:

Electrophilic Aromatic Substitution

Electrophilic aromatic substitution is a type of organic reaction in which an electrophile replaces a hydrogen atom in an aromatic ring, forming a new substituent on the ring.

Deactivator

In organic chemistry, a substance that reduces the reactivity of a catalyst or chemical reactant, often by adsorption or by changing its chemical nature.

O,p-director

Substituents in aromatic chemistry that direct incoming substituents to the ortho and para positions on a benzene ring.

Electrophilic Iodination

A chemical reaction involving the addition of an iodine atom to a substrate, typically facilitated by an electrophile.