Which of the following accounts would most likely be debited in the replenishment of petty cash?
A) Cash
B) Petty Cash
C) Postage Expense
D) Withdrawals
Correct Answer:
Verified
Q85: A $100 petty cash fund has cash
Q86: Prepare the required journal entries from the
Q87: The credit recorded in the journal entry
Q88: The Petty Cash account is debited when:
A)
Q89: What is the difference between a debit
Q91: The credit recorded in the journal to
Q92: The entry to establish the petty cash
Q93: When completing a bank reconciliation, explain why
Q94: What type of an account is the
Q95: The entry to establish the petty cash
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