How much is the cash over and short amount

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Reference no: EM133363254

Question: On January 2, Burnside Travel established a petty cash fund in the amount of $75. On January 19, Tom, the Petty Cash Custodian, counted $3.35 left in the petty cash box. Tom also reviewed the vouchered receipts and found the following:

01 Postage $11.00

02 Parking 3.00

03 Office Supplies 19.75

04 Parking 5.00

05 Maintenance 32.60

Answer the following questions based on the information provided above. IMPORTANT: Please enter amounts without dollar signs. Amounts should be written in dollar format, eg: 22.34 or 0.89, etc. 1. How much is the cash over and short amount? 0.3 short + 2. When recording the replenishment, would we debit or credit the amount in question 1 to the Cash Over and Short account? 3. How much is the replenishment?

Reference no: EM133363254

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