Use the Following Information to Answer Questions

question 119

Multiple Choice

Use the following information to answer questions
On May 1, 2011, Vuitton Company established a petty cash fund by issuing a check for €250 to Antoinette Mercier, the custodian of the petty cash fund.On May 31, 2011, Mercier submitted the following paid petty cash vouchers for replenishment of the petty cash fund when there is €10 cash in the fund:
-The journal entry to replenish the account would include a

• A)debit to Cash Over and Short for €5.
• B)credit to petty Cash for €235.
• C)debit to cash for €235.
• D)credit to cash for €250.

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Definitions:

Social Relations

Connections or interactions between individuals or groups in society, which can be based on factors like kinship, economic exchange, or shared norms and values.

Emile Durkheim

A founding figure in sociology known for his studies on social solidarity, collective consciousness, and the sociology of religion.

Isolated

Being apart from others; a situation or condition in which a person or entity has minimal contact or interaction with others.

Individualistic

Characterized by independence and self-reliance, prioritizing personal goals over group objectives.