The Debit Recorded in the Journal to Establish the Petty

question 40

Multiple Choice

The debit recorded in the journal to establish the petty cash fund is to:

• A) Cash.
• B) Petty Cash.
• C) Accounts Receivable.
• D) Accounts Payable.

---

Definitions:

Consumer Behavior

The study of how individuals or groups select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy needs and desires.

Track

To monitor or follow the progress or development of something, often used in data analysis, project management, or logistics.

Customer Value

The customer's viewpoint on the value of a product or service compared with other potential selections.

Monetary

Relating to money or currency, especially the management of money by governments or financial institutions.