Assume that the custodian of a $450 petty cash fund has $62 in coins and currency plus $383 in receipts at the end of the month. The entry to replenish the petty cash fund will include: A. A debit to Cash for $378. B. A debit to Cash Over and Short for $5. C. A debit to Petty Cash for $383. D. A credit to Cash for $383. E. A credit to Cash Over and Short for $5.

B. A debit to Cash Over and Short for $5.

Explanation:

Preparation to determine what The entry to replenish the petty cash fund will include:

Dr Expenses $383

Dr Cash Over and Short $5

[$450-($383+$62)]

Cr Cash $388

($383+$5)

(To replenish petty cash fund)

Cash shortage=$450 - $62 - $383

Cash shortage= $5.00

Reimbursement and credit to cash=$383+$5.00 Reimbursement and credit to cash= $388

Therefore The entry to replenish the petty cash fund will include: A debit to Cash Over and Short for $5

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.