A Petty Cash Fund Was Established with a $250 Balance

question 67

Multiple Choice

A petty cash fund was established with a $250 balance.It currently has cash of $31 and petty cash tickets totaling $219.Which of the following would be included in the entry to replenish the fund?

• A) A credit to Petty cash for $219
• B) A debit to Petty cash for $31
• C) A credit to Cash in bank for $31
• D) Debits to various expenses for $219

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