Multiple Choice
A petty cash fund was established with a $370 balance.It currently has cash of $40 and petty cash tickets totaling $330.Which of the following would be included in the entry to replenish the fund?
A) a credit to Petty Cash for $330
B) a debit to Petty Cash for $40
C) a credit to Cash for $40
D) a debit to various expenses for $330
Correct Answer:
Verified
Correct Answer:
Verified
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