A Petty Cash Fund Was Established with a $600 Balance

question 49

Multiple Choice

A petty cash fund was established with a $600 balance. It currently has cash of $25 and petty cash tickets as shown below. Which of the following would be the journal entry to replenish the Petty Cash account?

• A)Debit to Cash Short & Over for $55
• B)Credit Cash Short & Over for $55
• C)Debit Petty Cash $55
• D)Credit Petty Cash $55

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Definitions:

Television Representation

The portrayal and depiction of characters, stories, and social dynamics on television, which often reflects or influences societal attitudes.

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action in an individual or organization.

Media Opinion

The views or perspectives expressed by media outlets, including news organizations, which can influence public perception and discourse.

Interpretive Approach

A qualitative research methodology that seeks to understand social phenomena from the perspective of those experiencing it.