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A Petty Cash Fund, Established with a $300 Balance, Had

Question 174

Multiple Choice

A petty cash fund, established with a $300 balance, had petty cash tickets totalling $269 and cash in the amount of $29. The entry to replenish the fund would include a:


A) credit to Cash in Bank for $269.
B) debit to Petty Cash for $271.
C) debit to Cash Short and Over for $2.
D) credit to Petty Cash for $271.

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