A Petty Cash Fund, Established with a $300 Balance, Had

question 174

Multiple Choice

A petty cash fund, established with a $300 balance, had petty cash tickets totalling $269 and cash in the amount of $29. The entry to replenish the fund would include a:

• A)credit to Cash in Bank for $269.
• B)debit to Petty Cash for $271.
• C)debit to Cash Short and Over for $2.
• D)credit to Petty Cash for $271.

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Definitions:

Lost-time Injuries

Work-related injuries that result in an employee being unable to work for a period of time beyond the day of the injury.

Mining Safety

Practices, procedures, and regulations designed to minimize health and safety risks to workers in the mining industry.

Modeling Process

The psychological mechanism through which individuals learn new behaviors or attitudes by observing others.

Bandura

Albert Bandura was a distinguished psychologist, renowned for his contributions to the social learning theory and the notion of self-efficacy.