Acompany wants to decrease its $200.00 petty cash fund to $75.00. the entry to reduce the fund is:

entry as  

Debit Cash is  $175

Credit Petty Cash Fund is $175

Explanation:

given data

pretty ash fund = $200.00

decrease cash fund to = $75

to find out

the entry to reduce the fund is

solution

we know that pretty cash fund is a small quantity of cash on hand i.e. used for the reimbursing small amounts payable

To record the reduce the fund is as

Debit Cash =  $200 - $75

Debit Cash =   $175

and

Credit Petty Cash Fund = $200 - $75    

Credit Petty Cash Fund = $175

so entry as  Debit Cash is  $175 and Credit Petty Cash Fund is $175

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

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explanation:

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