Business, 29.07.2020 04:01 Cupcake8189

A $200 petty cash fund has cash of $20 and receipts of $177. The journal entry to replenish the account would include a credit to Group of answer choices Cash for $20 Cash Short and Over for $3 Petty Cash for $190 Cash for $180

Answers

Answer from: xmengeo

Cash for $180

Explanation:

The Petty Cash balance should be at a certain level necessary to cover petty cash expenses of the company. In this case that amount is $200. $20 is already in cash in the account and so will need to be topped up to get to $200.

= 200 - 20

= $180

$180 will take the balance back to $200. The Cash account would be credited of this $200 and the Petty Cash would be debited.

Answer from: Quest

answer; descriptive statistics;

Answer from: Quest

answer; at prices that violate government price regulations;

Other questions on the subject: Business

Business, 21.06.2019 19:00, luey7990

What does the consumer price index measure? a. the change in prices of all goods and services over time b. the change in prices of specific goods and services over time c. the change in prices of final goods and services over time

Answers: 3

continue

Business, 21.06.2019 23:30, shannydouglas

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

Answers: 3

continue

Business, 22.06.2019 00:00, jboii11

Choose the list of the best uses for word processing software. lists, resumes, writing a book, and payroll data letters to your friends, resumes, spreadsheets, and school papers resumes, cover letters, databases, and crossword puzzles book reports, letters to your friends, resumes, and contracts

Answers: 2

continue

Business, 22.06.2019 19:10, soevse

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration

Answers: 1

continue

You know the right answer?

A $200 petty cash fund has cash of $20 and receipts of $177. The journal entry to replenish the acco...