A company has a petty cash fund amount of $300. When replenished, it has petty cash tickets of $30 for gas expense, $33 for postage expense, $16 for supplies expense, and $12 for miscellaneous expenses. Assume the cash balance is not over or short. In the journal entry, Cash would be credited for ________.

A) $91
B) $75
C) $63
D) $79


A) $91

Business

You might also like to view...

Utilitarianism is a means of making decisions based on what is the greatest good for the greatest number of people

Indicate whether the statement is true or false

Business

A criminal prosecution is brought by the victim's family in the name of the victim.

Answer the following statement true (T) or false (F)

Business

Which media type offers the longest life for an advertisement?

A) radio B) network television C) magazine D) newspaper E) cable television

Business

What is the best way for you as a speaker to address learning styles during your presentation?

a. Don’t worry about it; you can’t please everyone. b. Tend toward the learning style that your instructor prefers. c. Figure out your favored learning style, and stick with it. d. Use a variety of tools that favor all four learning styles.

Business