A Petty Cash Fund Was Established with a $600 Balance

Multiple Choice

A petty cash fund was established with a $600 balance. It currently has cash of $17 and petty cash tickets as shown below: $$\begin{array} { | l | r | } \hline \text { Travel expense } & \$ 102 \\\hline \text { Office supplies expense } & 285 \\\hline \text { Equipment rental expense } & 80 \\\hline\end{array}$$ Which of the following would be included in the journal entry to replenish the Petty Cash fund?

A) debit to Cash Short & Over for $116
B) credit to Cash Short & Over for $116
C) debit to Petty Cash for $116
D) credit to Petty Cash for $116