Use the Following Information to Answer Questions

question 45

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 establish the petty cash fund would include a

• A)debit to Cash for €250.
• B)debit to Cash Over and Short for €250.
• C)credit to cash for €250.
• D)credit to Accounts Payable for €250.

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Definitions:

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The first report or summary of findings provided at the onset of a project or investigation.

Create Tab

In software applications, a feature or space in the user interface dedicated to the generation or creation of new elements, such as documents, database entries, or sheets.

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The arrangement of a document's page layout when being printed, such as portrait or landscape orientation.