Upgrade subject to access all content
A \$200 petty cash fund has cash of \$16 on hand and receipts totaling \$184.
Is there a need for Cash or Short in the journal entry to record the replenishing of the account?
If yes, enter the shortage amount as a negative number or the overage amount as a positive number (enter without dollar sign or comma, i.e., 105000 rather than \$105,000). If no, enter zero.