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A Petty Cash Fund Was Established with a $600 Balance

Question 152

Multiple Choice

A petty cash fund was established with a $600 balance.It currently has cash of $19 and petty cash tickets as shown below:  Travel expense $102 Office supplies expense 285 Equipment rental expense 79\begin{array} { | l | r | } \hline \text { Travel expense } & \$ 102 \\\hline \text { Office supplies expense } & 285 \\\hline \text { Equipment rental expense } & 79 \\\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 $115
B) credit to Cash Short & Over for $115
C) debit to Petty Cash for $115
D) credit to Petty Cash for $115

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