A Petty Cash Fund of $100 Is Replenished When the Fund

question 70

Multiple Choice

A petty cash fund of $100 is replenished when the fund contains $4 in cash and receipts for $93. The entry to replenish the fund would

• A) credit Cash Over and Short for $3.
• B) credit Miscellaneous Revenue for $3.
• C) debit Cash Over and Short for $3.
• D) debit Miscellaneous Expense for $3.

---

Definitions:

Objectionable

Something that is offensive or arousing disapproval and opposition.

Misuse of Procedure

Refers to improperly using legal processes and court rules for a purpose they were not intended for, often to delay or harass the opposing party.

Plaintiff Succeeds

When the party bringing a lawsuit (plaintiff) obtains a favorable judgment or ruling in their case.

Privilege

A legal term referring to a special right, advantage, or immunity granted to a person or a group not commonly accessible to others.