A Petty Cash Fund Was Established with a $200 Balance

question 256

Multiple Choice

A petty cash fund was established with a $200 balance.It currently has cash of $35 and petty cash tickets as follows: Office expense $130 and Entertainment Expense $45.Which of the following would be included in the journal entry to replenish the Petty Cash fund?

• A) debit to Cash Short & Over for $25
• B) credit to Cash Short & Over for $10
• C) credit to Cash Short & Over for $25
• D) debit to Cash Short & Over for $10

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Definitions:

ATG

A codon in genetics that signals the start of a protein-coding sequence in DNA or RNA.

CGT

Cell and Gene Therapy, a field of medicine that aims to treat, prevent, or cure diseases by modifying gene expression or biological properties of living cells.

AUG

The codon in mRNA that signals the start of protein synthesis, translating as the amino acid methionine in eukaryotes and as formylmethionine in prokaryotes.

tRNA

Transfer RNA, a type of RNA molecule that helps decode a messenger RNA sequence into a protein.