Question

The following was paid out of the Petty Cash account:

$400 for Store Supplies
$200 for Postage Expense
After counting the cash that is left in Petty Cash, $560 is needed to replenish the Petty Cash back to the original balance.
The journal entry to record the replenishing of Petty Cash would be:

Answer 1

Answer:Petty Cash Dr. $560

Bank/Cash. Cr. 560

Narration. Amount paid for petty cash replenishment.