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A Petty Cash Fund Was Established with a $600 Balance

Question 19

Multiple Choice

A petty cash fund was established with a $600 balance. It currently has cash of $150 and petty cash tickets as shown below: A petty cash fund was established with a $600 balance. It currently has cash of $150 and petty cash tickets as shown below: Which of the following would be the journal entry to replenish the Petty Cash account? A) debit various expenses $450; credit Cash $450 B) debit various expenses $450; credit Petty Cash $450 C) debit Cash $150; credit various expenses $150 D) credit Petty Cash $450; debit Cash $450 Which of the following would be the journal entry to replenish the Petty Cash account?


A) debit various expenses $450; credit Cash $450
B) debit various expenses $450; credit Petty Cash $450
C) debit Cash $150; credit various expenses $150
D) credit Petty Cash $450; debit Cash $450

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