A check is written to replenish a P 1,000 (imprest) petty cash fund when the fund contains unreplenished petty cash vouchers totaling P 910. In recording the replenishment, cash in bank is debited for P 1,000 O Petty cash fund is debited for P 1,000 O petty cash fund is credited for P 910 cash in bank is credited for P 910

Transfers between the Petty Cash Book and the Bank Account are called Contra- entries. Such cash transactions usually mirror the Bank statement entries. Mr Mohammed withdraws £50 business money from the Business bank account for office use. Which of the ledger accounts should be debited and credited, respectively?

Littlestown Corporation reports the following information: Balance in National Bank checking account Certificates of deposit Petty cash Cash on hand Employees' IOUS Balance in Society Bank checking account Customer's postdated check Balance in Peoples Savings and Loan savings account $15,155 5,600 425 4,325 225 (300) 175 9,500 Required: Compute the correct amount of cash that will appear as a current asset on Littlestown Corporation's balance sheet.

multiple choice question When the petty cash imprest system is established:   the bank account is debited. the petty cash account is credited. the bank account is debited and the petty cash account is credited. 4.the bank account is credited and the petty cash account is debited

A. Started a petty cash fund in the amount of $250.B. Replenished petty cash fund using the following expenses: Auto Expense $17, Office Expense $15, Postage Expense $86, Miscellaneous Expense $74. Cash on hand is $35.C. Increased petty cash by $150. Record these transactions. If an amount box does not require an entry, leave it blank.

A $84 petty cash fund has cash of $17 and receipts of $72. The journal entry to replenish the account would include a Oa. credit to Cash Short and Over for $5 Ob. debit to Cash for $17 Oc. credit to Cash for $84 Od. credit to Petty Cash for $72

19   When the petty cash fund is replenished:   Multiple Choice   Cash is debited.   Petty Cash is credited.   Petty Cash is debited.   Appropriate expense and/or asset accounts are debited.

A. Started a petty cash fund in the amount of $250.B. Replenished petty cash fund using the following expenses: Auto Expense $72, Office Expense $82, Postage Expense $90, Miscellaneous Expense $6. Cash on hand is $10.C. Increased petty cash by $100. Record these transactions. If an amount box does not require an entry, leave it blank. A.   Petty Cash Petty Cash     Cash Cash B.   Auto Expense Auto Expense     Office Expense Office Expense     Postage Expense Postage Expense     Miscellaneous Expense Miscellaneous Expense     Cash Over and Short Cash Over and Short     Cash Cash C.   Petty Cash Petty Cash     Cash Cash

A $220 petty cash fund has cash of $10 and receipts of $206. The journal entry to replenish the account would include a credit to a.Cash Short and Over for $4. b.Petty Cash for $216. c.Cash for $210. d.Cash for $10.

Prepare the following adjusting entries at August 31 for Nokia (FIN). Interest on notes payable of € 327 is accrued. a. b. Unbilled fees for services performed total € 1,449. Salaries and wages earned by employees of € 657 have not been recorded. d. Bad debt expense for year is € 923. Use the following account titles: Service Revenue, Accounts Receivable, Interest Expense, Interest Payable, Salaries and Wages Expense, Salaries and Wages Payable, Allowance for Doubtful Accounts, and Bad Debt Expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation Debit Credit a. b. C. d.