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A Petty Cash Fund, Established with a $250 Balance, Had

Question 173

Multiple Choice

A petty cash fund, established with a $250 balance, had petty cash tickets totalling $219 and cash in the amount of $34. The entry to replenish the fund would include a:


A) credit to Cash in Bank for $250.
B) debit to Petty Cash for $219.
C) debit to Cash Short and Over for $3.
D) credit to Cash in Bank for $216.

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