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Question(s) / Instruction(s):

Assume that the custodian of a $400 petty cash fund has $53 in coins and currency plus $342 in receipts at the end of the month. The entry to replenish the petty cash fund will include:

a.            A debit to Cash for $405.

b.            A credit to Cash for $347.

c.             A debit to Petty Cash for $342.

d.            A credit to Cash Over and Short for $5.00.

e.            A debit to Cash for $347.

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