A petty cash fund of $100 is replenished when the fund contains $5 in cash and receipts for $92. The entry to replenish the fund would

To properly understand how to replenish the petty cash fund, it is important to have a clear understanding of what a petty cash fund is. A petty cash fund is a small amount of cash that is kept on hand by businesses for small, day-to-day expenses that occur frequently, such as office supplies, postage, or employee reimbursement for small expenses.

In order to replenish the petty cash fund, you will need to follow a few steps:

1. Determine the total amount of money that should be in the petty cash fund: This is the original amount established for the fund. In this case, it is $100.

2. Count the cash remaining in the petty cash fund: This is the amount of money actually remaining in the fund. In this case, it is $5.

3. Calculate the total of all receipts for expenses paid from the petty cash fund: This is the total amount of money that was spent from the fund. In this case, it is $92.

4. Calculate the amount of money that needs to be replenished: Subtract the cash remaining in the petty cash fund from the total of all receipts. In this case, it is $92 - $5 = $87.

Now that you have determined that $87 needs to be replenished, you can proceed with the entry to replenish the fund. The entry would look like this:

Debit:
Expense Accounts (e.g., Office Supplies) - $87
Cash - $87

Credit:
Petty Cash - $87

This entry debits the expense accounts for the total amount of money that was spent from the petty cash fund ($87) and credits the petty cash account with the same amount ($87). By doing this, you are eliminating the expense from the expense accounts and replenishing the petty cash fund.

...um... I'm sure lots of people would love to help (including me) ... but your question seems incomplete.