The Correct Journal Entry at the End of the Month

question 23

Multiple Choice

The correct journal entry at the end of the month to reimburse the petty cash for the amount spent is:

• A) DR Petty cash expenses; CR Bank
• B) DR Petty cash asset; CR Bank
• C) DR Bank; CR Petty cash asset
• D) DR Petty cash asset; CR Petty cash expenses

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Definitions:

Organizational Coercive Power

The capacity of an organization to compel or influence individuals' actions through threats, sanctions, or other forms of pressure.

Threats

Potential causes of harm or danger to individuals, organizations, or systems.

Rewards

Benefits or compensations given to individuals to recognize and encourage their achievements or desired behavior.

Upward Appeals

A method in workplace communication where employees attempt to gain support or approval for their ideas by appealing to higher-level managers or authorities.