Use the Following Information Regarding Larson Company to Answer the Question

Multiple Choice

Use the following information regarding Larson Company to answer the question below.
1) Established a petty cash fund in the amount of $250.
2) Reimbursed the petty cash fund given the following petty cash fund disbursements:
A.Payment for postage,$20.
B.Payment for supplies,$70.
3) Increased the petty cash fund to $300.
4) Cash over at the end of the first period was $5.
-The entry to record the increase in the Petty Cash account would include a

A) debit to the Petty Cash account for $50.
B) credit to the Petty Cash account for $50.
C) memorandum entry only in the ledger.
D) debit to the Cash account for $50.