A Petty Cash Fund, Established with a $200 Balance, Had

question 135

Multiple Choice

A petty cash fund, established with a $200 balance, had the following petty cash tickets as well as $34 in cash: $$\begin{array} {| l | r| } \hline\text { Office supplies } & \$ 42 \\\hline \text { Delivery expense } & 39 \\\hline \text { Miscellaneous expense } & 12 \\\hline \text { Postage expense } & 75 \\\hline\end{array}$$ The entry to replenish the fund would be:

• A) \[\begin{array} { | c | r | r |}
• \hline \text { Petty Cash } & 168 \\
• \hline \text { Cash in Bank } & & 168 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | r | r | }
• \hline \text { Office Supplies } & 42 & \\
• \hline \text { Delivery Expense } & 39 & \\
• \hline \text { Miscellaneous Expense } & 12 & \\
• \hline \text { Postage Expense } & 75 & \\
• \hline \text { Cash in Bank } & & 168 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | r | r |}
• \hline \text { Office Supplies } & 42 & \\
• \hline \text { Delivery Expense } & 32 & \\
• \hline \text { Miscellaneous Expense } & 12 & \\
• \hline \text { Postage Expense } & 75 & \\
• \hline \text { Cash in Bank } & & 166 \\
• \hline \text { Cash Short and Over } & & 2 \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | c | r | r |}
• \hline \text { Cash in Bank } & 168 \\
• \hline \text { Petty Cash } & & 168 \\
• \hline
• \end{array}\]

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Definitions:

Weber's Concept

Theories and principles developed by sociologist Max Weber, including authority types and the characteristics of bureaucracy.

Bureaucracy

A system of administration characterized by strict policies, procedures, and hierarchy, often within large organizations or governments.

Management Duties

The responsibilities held by individuals in managerial positions, including planning, organizing, leading, and controlling organizational resources to achieve specific goals.

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Measures taken to identify, eliminate, and prevent the recurrence of defects, errors, or issues in a process or product.