A Petty Cash Fund Was Established with a $250 Balance

question 40

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) A credit to Cash in bank for $219

---

Definitions:

Marketing Plan

A detailed document outlining a company’s marketing efforts over a specific period, including strategies, actions, and budget allocations for achieving marketing objectives.

Writing Style

The distinct manner or technique an author or writer uses to express ideas, characterized by elements such as tone, syntax, and vocabulary.

Bullet Points

Items in a list marked with a bullet symbol to organize information and highlight key points in written text.

Technical Language

Specialized vocabulary used by experts in a particular field or industry, often characterized by precise meanings and terminology not commonly understood by the general public.