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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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,
O cash in bank is debited for P 1,000
Petty cash fund is debited for P 1,000
O petty cash fund is credited for P 910
O cash in bank is credited for P 910
Transcribed Image Text: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, O cash in bank is debited for P 1,000 Petty cash fund is debited for P 1,000 O petty cash fund is credited for P 910 O cash in bank is credited for P 910
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