This topic contains a solution. Click here to go to the answer

Author Question: A 135 petty cash fund has cash of 18 and receipts of 120 . The journal entry to replenish the ... (Read 190 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
A 135 petty cash fund has cash of 18 and receipts of 120 . The journal entry to replenish the account wouldinclude a
 a. credit to Petty Cash for 120
  b. debit to Cash for 120
  c. credit to Cash Over and Short for 3
  d. credit to Cash for 102

Question 2

Paid-in capital is divided into capital stock and retained earnings.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

c

Answer to Question 2

FALSE




penza

  • Member
  • Posts: 1,022
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it


amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

For a complete list of videos, visit our video library