Use the Following Information to Answer Questions
the Petty

question 120

Multiple Choice

Use the following information to answer questions
The petty cash fund of CHF250 for the Hansen Company appeared as follows on July 31, 2011:
$\begin{array}{lr}\text { Cash }&\text { CHF } 7.50\\\text { Petty cash vouchers }\\\text { Freight-in } & \text { CHF88.50 } \\\text { Postage } & 45.00 \\\text { Balloons for a special occasion } & 27.00 \\\text { Client entertainment } & 65.00\end{array}$

On July 31, the office manager gives instruction to increase the petty cash fund to CHF300.
-The journal entry to replenish the petty cash fund would include a

• A) debit to petty Cash for CHF250.
• B) credit to Cash Over and Short for CHF 17 .
• C) credit to Cash for CHF242.50.
• D) debit to Accounts Receivable for CHF17.

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Definitions:

Deindividuated

A condition wherein an individual's sense of personal identity and responsibility is diminished due to being in a group, leading to behavior that is uncharacteristic of the individual when alone.

Looking-glass Self

The concept that an individual's self-concept is influenced by how they believe others perceive them.

Introspection

The examination or observation of one's own mental and emotional processes.

Industrialisation

The process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods, involving technological innovation and complex machinery.